Last tenant was paying $2300 but now I am clearly struggling to lease it even at $1900 (reduced from $1950 just yesterday)https://www.zillow.com/homedetails/2305-Windsong-Trl-Round-Rock-TX-78664/29568681_zpid/?

I don't do taxes, but I think the LLC is consolidated and each member uses a K-1 for their earnings, the way we did it here, but then like I said, I don't do taxes.

most bay area properties appreciate at higher than 2% annually which is how much the property tax can increase annually which reduces the number of properties that would have an overpriced assessment so i would say that kind of service won't last long in business around the bay areaAfter the financial crash in 2008 resulting in property depreciation, many people appealed the property assessment and there were services back then offering to appeal but i gotta say i haven't seen those lately

You can also limit the number, type, and size of animals to reduce risk.

@Amir KhanThat’s a good way to do it.I see far too many people (in my opinion) with little or no actual practical experience being a landlord much less owning an apartment building of any size trying to syndicate a 150 unit $20M deal.Why would any investors (outside close friends and family) invest their hard earned cash with someone who has little or no experience?

Time value of money they could invest that $160k somewhere else and earn $50k+ on it over that period vs losing $96k.

The buyer agent side of the commission has always been a part of agent involved transactions, so when those costs are reduced, both the buyer and seller benefit (buyer pays less, seller has a higher net/bottom line).

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

I cannot imagine someone spending their hard earned money to make their room look like that. 

Where you can SAVE money - is by teaming up with one broker or lender and establish a mutually beneficial partnership of return business and maybe earn your self a return client discount.