I have an LLC that is not a disregarded entity.

If you pay for the market you are able to see the comps it’s pulling and disregard the bad ones.

And all these disregarded LLC could be owned by a single holding LLC, usually in WY, that will do all the tax reporting and give you the charging order protection to protect you from outside liability claims.

Expect sellers to fix termite, clear permit issue accept a FHA and disregard high down or cash? 

The true costs are in placing mediocre to bad tenants to the tune of 8% and the are you freaking kidding me price quotes, repair options and blatant disregard for our costs or what makes sense.  

A company (either disregarded LLC or partnership) or a limited partnership would make more sense to me.

The income from the out of state LLC will not be subject to double self employment taxation because the LLCs are disregarded entities for tax purposes and the income flows to the CA LLC and then to the member(s). 2) When you add an S Corp to the mix it can get a little messy because generally only individual persons can be shareholders of an S Corp, meaning that other entities cannot be shareholders of an S Corp.

And partnership tax return are immensely more complicated (and thus more expensive to prepare) than personal tax returns.An LLC under one of your names could be disregarded for IRS purposes, and you can continue to file your personal tax return as usual.There're at least two related questions that need to be thought through, and ideally discussed with tax and legal professionals.

Unless you believe you missed something or receive an actual demand letter from an attorney I would disregard the letter.  

IF you do tell me where it is as I would like to put all my cash in it and probably sell most of my other investments and put the proceeds there since an effortless 8% is worth more to me than a PITA 12%...Disregarding the 8% return account stuff I would not think that buying the $100K house with cash is a great investment, you are only getting 7.8% return.