(not sure if this works since I'm not 'pro') - BP rental calc has it avg $4,680/yr (for 1100 rent), even though I put the same exact numbers/expenses, etc as in my spreadsheet...not sure what I'm missing or how that number is really calculated4-Plex:Expected Purchase Price: 250kUnits: 4 (MFH)This is a recently rehabbed building, so no other upfront costs neededAll units are rented at 850 per unit, per month = 3,400/month (supposedly there is a wait list too, which I will be sent tomorrow)Location is not the greatest (no crime issues, just in a more isolated location.

This is enough information for "prospective tenants to find out the exact location anyway)I've yet figure out whether or not this is an affective way to gauge the potential of a rental because...1) I'm still a brand new investor and in the property analysis phase and...2) This method only captures the demand of a property in a somewhat isolated frame of time (for instance, if the property needs renovations, I may not be able to rent it until 6 mths after closing, and by that time, demand can shift...

I understand that things do happen though and wonder if you have experienced an isolated event :)Thank you again for sharing.

However, I would pick 4,5, maybe 6 methods to rigorously test for 6 months to isolate the critical few that generate the most deals.

Bottom line, I'd prefer to keep him if this is indeed an isolated incident, but I need my rent money.Other notes: He is still answering my calls, so he's not avoiding me as of yet.

Plus, it's so far from my family, and so isolated. 

I even had someone suggest I put the LLC in a trust so it's totally seperate from me ... the problem here is that i'm getting wierd answers ... some people say that I will have issues getting a mortgage or insurance or whatever ... how would you structure this to isolate yourself from divorce?  

Once you've isolated property targets repetition, repetition, repetition for your marketing.Hope this help, good luck to you!

Am I SOL?

This may be able to isolate the income so it is just LLC business income instead of rental income and you can still keep the tax free allowance.