and the property had a private dwelling value appraisal much higher than the public property appraiser claims. 

The first 6 months are acquisitions, removing non paying tenants, and taking over operations/management which is just the beginning of the stabilization process.

Getting non paying tenants out of your house in RI can be a lengthy process so you have to choose wisely. 

And an argument could be made that since she doesn't own more than 50% of the property that the entire ownership structure of the property equates to a non-related party for you (much like an LLC). 

There is a lot of public info out there on their funds and how they are (not) performing.  

Pardeep,TN is tricky because unless you and your family members are members in the LLC, you won’t be able to qualify for the FONCE (Family Owned Non-corporate Entity) exemption from the TN franchise tax.

Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.

The PM advised a public adjuster assess the damage.

Mixed-use with some residential could also add diversification while keeping it simple.This current property is actually the storefront of a mix-use residential above, but no actual residential property for purchase.What’s the tenant mix like,Theee major ones: One restaurant, one non-profit gallery, one home goods,and how are you structuring financing?

@Diego L.That's a loaded question that is difficult to answer on a public forum.