Retain a cash reserve to cover vacancies or downturns, and align with your long-term goals by consulting a financial advisor.

We can also walk and lose EM (and the money we've put into inspections and PE consultation.)

Sounds like you have a plan to consult with some brokers and expose it to the open market. 

We all do the same thing, we just call ourselves different names and carry similar but different licenses:- CPA - Certified Public Accountant- EA - Enrolled Agent - Accountant - Tax advisor - Tax strategist- Tax consultant - Tax plannerIt all means basically the same.

Hey all,I have been listening to Bigger Pockets content for maybe 4 years and finally have removed myself from some side hustles, have the capital, and grew the...brains to start real estate investing.QUICK BIO:I am based in New Jersey, I work as a marketing/efficiency consultant, and have 2 avenues of real estate investing:Short-Term Rentals: I have 3 short-term rentals using my parents apts in NJ ( 1 of them just launched in Nov) for the past 2yrs near NYC (1 of them just launched in mid-Nov).

Here are a few tips:Asset Management: Holding your property in the LLC can protect your personal assets, but check with an attorney or CPA to ensure it’s set up correctly and complies with local laws.Rent Collection: Collecting rent through the LLC simplifies accounting and keeps personal and business finances separate, which is a big plus for taxes and liability.Property Management: Since you’re self-managing, the LLC can be used to formalize agreements, pay vendors, and manage expenses—treating it like a professional operation.Just make sure to consult an attorney or accountant to align your setup with your goals.

However, as Zane mentioned in his response, another option is to consult with a lawyer who specializes in appealing property taxes.

Be sure to consult with your CPA to determine if you can utilize these deductions based on your specific tax situation.

Someone who gets prospects on the phone all day, tries to get them interested, qualifies them and then connects to them to a "consultant" who pitches the various investments they are touting that week. 

For anyone considering this, it’s probably worth consulting with a local land-use attorney or planner to navigate the specifics and make sure you’re maximizing the opportunity without running into red tape.