This will give you several benefits.

ALL of the times we have given people the benefit of the doubt and overlooked similar things, it has come back to bite us.  

For anyone who may have insight, I am curious if there are benefits that outweigh disadvantages or vise versa to obtaining an LLC when specializing in Wholesale.

Correcting this should adjust the profit at sale.Additionally, your property taxes seem quite low.

You won't have anonymity since property records will show Jasmine sold the property to the LLC.You will get liability protection with the LLC if you do it right, but you will pay more for it and might not tangibly benefit from it.

It's a tremendous benefit to you to have a customized lease by a legal expert.

At the same time, you benefit from price appreciation on your investment properties.

We’ll only consider additional debt when it maximizes liquidity or improves risk-adjusted returns.

Hey David, For your lake house, implementing a 7-day minimum could work well, especially if you aim to take advantage of the short-term rental tax benefits, such as the "short-term rental loophole."

If you can get 15%+ returns and 8-10% cash-on-cash in a passive manner, reap all the tax benefits of owning real estate, and not have to manage the property -- that's more attractive than a lot of other investment options out there.