I'm considering converting the shed into a DADU to maximize the use of the space and earn some extra income. 

Too many investors are not aware of the tax benefits and extra cash flow that could be theirs.

We closed the LLC because it was not giving us protection since the properties and mortgages are under our names instead of the LLC, so it was extra work and cost for no benefitQuestions:1-I assume we need to issue 1099 for these contractors even though we are not incorporated, right?

This structure simplifies management, centralizes ownership, and provides an extra layer of liability protection.Tax-wise, the state where each property is located will still require income tax reporting and LLC fees.

I do not recall them ever discussing how you cover the cost of property repairs and capital expenditures if you are not concerned about the property making extra money each month.Kyle some investors are in a different place than others.

You're not going to get extra points for knowing how to google me. 

I turned the extra room without a bathroom into a workout room as a bonus amenity.

I would have an extra light on a stand to brighten the spaces.2) Your first photo is of an empty room to a doorway.

We're not even sure where the extra went, and are feeling like we're stumbling along in the dark. 

Put a lock on the door between the extra bedroom and the main house for security and rent it on Airbnb.