You could be looking at 8-12 subs that you will need to individually contract and negotitate with. 

Now, I believe the right legal CYA move is to have one LLC for each individual property, but personally, I don't want to keep up with the bookkeeping on that! 

I've done some rehabs to make it livable, but I'm finding it a bit challenging to rent out as a 6 bed, 2.5 bath house, whether as a whole or by renting out individual rooms.

While I understand that, my understanding and what our own attorney has confirmed, is that there should be an individual who serves as the guarantor in this type of instance.

I have out of province rentals, but they are all in a similar area and an area I know well. 

You just have to learn the process and follow some  broad pieces of advice such as - don’t invest a lot in individual stocks because you are subject to much higher variances in performance.  

If you and your partner own the current property as tenants in common then that property is reported on your individual tax returns. 

Is the building a single building with rooms for rent or individual units with separate entryways? 

If you are an individual that had a property loss (including personal property) then use the first link for FEMA.The second link is for business owners…and yes, this includes those of us that have rental properties.

If an individual idea of success is $1M per year- then yes $10K on marketing.