Understanding the impact of operation expenses and cap ex when those events occurs is really critical to the performance of real estate. 

The IRS typically requires the same entity that performed the 1031 exchange to continue owning the property to maintain tax deferral.To avoid any unintended tax consequences, it’s crucial to consult with a 1031 exchange expert or tax advisor before dissolving the LLC or making any distributions.

Percy I was able to have an extensive conversation with @Isaac Blocher about some of the ins and outs of transactional funding.

As for requiring spay/neuter, an ESA does not need to be intact to perform their duties, and you cannot breed an ESA because that animal would not be available to perform their duties while they were off reproducing.

The key is to have a team in place that performs for you and that you trust...no matter how you structure it.

What "is" financially responsible is easily accessible to find, as is the simple math performed above.

We find 2 bedrooms are the weakest MTR performers.

Sellers are not required to disclose material facts about the property that they "should have known," nor are they required to perform any inspections to uncover any issues themselves.

We are pursuing a house hack (fixer upper) and turning the basement into an ADU which we rent on Airbnb.I had a theory that Airbnbs that performed needed to be walking distance to a metro.

But you would not lose it all, it just becomes a non performer and it would be interesting to see what happens if the homeowner stops paying.