And don't get me started on how Community property states vs non community property states have mucked up the whole LLC entity issue.But for purposes of entity ownership and identification of actual tax payer (which was @Michael Plante's question) I don't think there's going to be any state nuance that will differ. 

MCMANN CAPITAL - WALT TROCK AND MICHAEL LANZA  (they changed their company name from McMann Commercial Lending)  GENIE INVESTMENTS - DAVID HUGHES AND MIKE CONNER.

Quote from @Michael Smythe  you can put it into an LLC if you have a recent FNMA mortgage and you form a single member LLC.

Hi Michael,it's seems like a good place to invest. you think otherwise?

Quote from @Michael Baum: Hey @Noelle Debruhl, both VRBO and AirBNB collect the occupancy taxes and submit for us.Are you currently paying the taxes separately?

@Michael Ferrante despite there being a labor shortage, maintenance is never fast enough for the tenants or cheap enough for the owners.

Quote from @Michael Smythe: @Seth Vendelboe what's your management arrangement?

Quote from @Michael Baum: For some areas, this is right on the money.

@Michael Ferranteare you looking to become a PM? 

I agree with @Michael Smythe, Determine the true market rent for the property, show it to your tenants, and discuss with them a fair increase that works for both of you.