No accountability and no buyers in an area people are marketing to.

Also take into account your willingness, availability, and temperament to navigate the process on your own.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

Also currently it just caters for LTRs.If you can go past the level of detail I would love to hear any feedback from anyone interested, and especially from any Excel gurus, accountants, investors or tax experts out there with a keen eye. 

There are over 20 real estate accountants on this site.

So if I understand this correctly they essentially get to build a better score because they are an authorized user on your account but they never actually get to use the cars, is that correct?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

We have a few STRs that we have done cost segregation studies on.

While you will need an engineering company to complete the Studies, you will need a tax preparer to file Form 3115 to do the catch up, as suggested above.

Study the market.