Instead of following a blanket rule that any single rental property is a TB, they examined the level of activity and concluded that the rental property generated enough activity to be a TB.

Investigations and examinations to determine violations; obtaining evidence; witnesses and subpoenas; confidentiality; injunctions and other means of enforcement; cooperation with other enforcement agencies.

With many of the properties I've examined here, all having a negative cash flow I'm sure some investors that have a decent reserve or higher tolerance for risk might still purchased due to that bottom line after filing taxes.

So let's examine how these and other issues will factor into the equation.What Factors Impact Real Estate Rental Price for Properties Near the Water?

I also used to work at the IRS as a tax examiner and then in the Criminal Investigation Division.

Examine their management agreement, check to see if there is an out clause if you are dissatisfied, make sure it spells out the responsibilities of the owner and the property manager7.

The other posters are correct, however, that the buyer's attorney typically has the final say on the matter since they are the ones that actually have to examine and address any potential title issues. 

With a series LLC, each individual series can obtain an EIN and elect to check the box separately for taxation purposes even though the state of formation may not recognize them as separate entities from the parent.With all those factors assumed true, I have been contemplating the below (complex) structure:In the future, I may convert the operations entity into a standalone LLC for insulation / asset protection, but for the time being, let's examine it as an individual series off of the parent LLC.  

The key is establishing and maintaining open and honest communication, being polite and respectful, having a strong rental agreement in place and having the moxie to enforce it in a professional manner.From our rental criteria:RESIDENCE/RENTAL HISTORY1.We will examine the most recent five years of residence history.2.Home ownership will be verified through the tax assessors office and/or credit report.3.Rental history will be verified through the property owner and/or rental agent. 4.Rental history reflecting any unpaid past due rent, damages or fees will result in denial.5.Rental history showing excessive property damage, excessive noise, or unruly behavior will result in denial.6.Three or more notices for failure to pay rent and/or to comply with the terms of the rental agreement, within a 12 month period, will result in denial.7.A person with an eviction or unlawful detainer on their record may be approved if full restitution has been made.

Examine the entire plan Rowan has for that town.