A few clients or properties can suck up all of our time and attention and ultimately, prevent us from taking on more business. 

You don’t get to just expense the additional real expenses.

Oh bud, I think it would do that we’re gonna need lender’s consent as well and that’s what I’m trying to prevent, but maybe they do it under them handle that part and then after the fact transfer it. 

All this in addition to 6 other lease violations... 

They will have additional costs for mailing & online campaigns to get leads.

In addition, we pull our own comps and use Lightning Docs to generate our loan documents.

Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

My best advice is find a place that has a few rooms with square footage to add additional rooms and an ADU.

I intend on sending the tenant a bill for the exact repair cost as "additional rent" (per the lease) instead of evicting in the winter and deducting from the security deposit.

In addition, due to the 2 of 5 year rule there often is no need.  2) you cannot 1031 a property that has not been put into service to be an investment property 3) you cannot 1031 a flip.