Because the foreclosure process is so slow, and nothing is stopping you from selling while it is happening, you may just have enough time to sell the property and capture the equity. 

@Dan TrimbleA property can be rented, Long term (LTR), short term rental (STR) or mid-term rental (MTR).

@Justin Brin Yes, you can elect to aggregate your rental properties for Qualified Business Income (QBI) purposes, but once you do, you must continue to aggregate those same properties in future years unless there is a significant change in circumstances (such as disposing of a property).

I have an underwriting spreadsheet I created to do a 5 minute analysis of the property.

Get rid of the property manager to save some money." 

Max of three rental properties.

Quote from @Benjamin Blunt: What are the best strategies or tools that you use to find Off-Market Properties?

@Andy PtakLeasing agent at multi-family properties can be entry level.

If the LLC owns a property in a different state, most of the time, the other state will require you register your LLC as a foreign LLC. 

I'm an investor/agent/property manager in that area and would be very interested in hearing more about the property.