I'm just here to note that an LLC does not offer a single tax benefit, nor does it allow any deductions that aren't allowed without an LLC. 

Be ready to explain the benefits and address concerns confidently.

Additional DetailsI’m willing to invest in out-of-state properties, though I prefer areas with good property management options.My primary focus is passive income, but I’m also interested in value-add opportunities.I want to ensure these investments provide strong tax benefits and diversify my portfolio.I’d love to hear from experienced investors:What would you do in my position?

Benefiting from a high sale price in a desirable area.Cons of Selling: No further long-term appreciation or rental income potential from the property.

Separately, the benefits and disadvantages of renting to Section 8 is a topic of extended debate on this forum.

Sometimes a second inspection or negotiation can also help adjust the valuation. 

In inflation adjusted dollars, this likely is closer to 15 years to recover the $450k.  

You’re trying to ruin the biggest benefit of the life in flip. 

It may be to their benefit to carry a note on it.

You may want to adjust your criteria a bit and sacrifice projected cash flow for stability and projectability.All the best to you in your investment journey!