It seems like the real support you would receive from Pad split is them helping find the occupants/tenants And them processing the rent.

Doesn't mean its a necessity to have it formed here but it is a fairly straight-forward process. 

So just foloow state law and start the process......better sooner than later. 

Remember that if you buy 5+, typically that is going to be commercial lending and that can be tougher to sell on the exit. 

Most of my options were breakeven haha still learning the game.I am in the process of finalizing what the exterior finish will be on my new build, most likely very light grey stucco, pretty excited about it.

I wanted to be able to help educate people, especially the underserved community, about real estate, whether buying, selling, and assisting with the process of foreclosures and short sales.

I currently have 3 properties under an LLC and I'm in the process of finalizing a mid term rental but it will not be under the LLC(separate bank account).

You also have to think the longer that tenant is in it, there will probably be some more expenses when you sell. 

We have sold a few properties and experiencing this process from the seller's side double underlined that for me. 

Here’s how the ATI exemption process typically works:Trigger Event: An Assessable Transfer of Interest occurs when a property is sold, inherited, or otherwise changes ownership.Reassessment: Following the transfer, the county reassesses the property’s value, which could result in a higher tax bill.Application for Exemption: The new property owner can apply for the ATI exemption to reduce the taxable value of the property.