At that point, we moved into DSCR mortgages, and set up entities. 

Lastly, something to think about: a few investors set up a management LLC that will not own any property but, in turn, deal with any third parties.

Happy to set up a call.

Hi Debbie,That sounds like a really awesome setup and bravo to the local government to allowing this!

I’d recommend trying to decide which route you prefer after the original hard money loan because the amount of time to actually create my last LLC was much longer than I expected despite the company that was doing it saying they had like a 2 day setup.

Typically, when I work with RE investors, we'd make a preliminary legal plan to ensure that both the legal and business goals align before creating any sort of entity set-up.

Have you been working with a tax professional to setup depreciation and allowable expenses? 

Just getting started but want to ensure I am setup well.

Once everything is completely set up, I would be interested in selling two of the suites, while keeping the other two.

Mojo and Batch for simplicity/ease of use.Calltools if you have a calling team, its harder to use and set up but its awesome for teams.