Upon their arrival, they notice that there was some frame work that was done up there and they call the building inspector.

@Steve Podwojski Going from a multi-member LLC to a single-member LLC does not spark an audit in and of itself as long as you treat it for tax purposes within the framework of Revenue Ruling 99-6, which is the IRS' guidance for this very situation.Are you buying out the other members for cash? 

I am starting to think about the proper legal framework on my rentals to protect my personal assets/credit (such as an LLC, S-corp, etc.).

(Built 2018)PRICE: $150,990PAID: 25% Down ($37,747.50) 4.875% Interest Rate; 30 Year Fixed (Conventional Loan)APPRAISAL: $168,100OWE: $113,242RENT: $1,425PRINCIPLE & INTEREST: $599.29PROPERTY TAX: $146.90 (This is not based on a vacant lot)INSURANCE: $50.14MANAGEMENT FEE: $128.25 (9% with Property Frameworks)TOTAL: $924.58CASH FLOW: $500.42LAWN CARE: Tenant responsibility MAINTENANCE: $1,000 prepaid in escrowIt is a good deal and I'm happy with it

Most of the houses are complete and some are just frame work.

Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government.

However, the non-profit I owned will have to be change to fit within the framework of this purpose.

I'm working the second draft of my business plan, as I didn't like the first one, and would like feedback from the group here on the goals, the conceptual framework, and the content proposed in the outline.

A framework is needed to you know how things fit together.Good luck.

It is hard to spell out a full framework in this medium.John Corey