My goal with that is to foster an environment where college students can better prepare themselves financially by improving their financial literacy and exposing them to different types of investments early on.

But they are super tippy and the wife doesn’t want a stand with all the wires exposed. 

We have a "side yard" exposed to the street that is about 1500 sq/ft and not being utilized (currently there is a large mulberry tree that would need to be removed).

So if something ever happens and the loan goes delinquent the only recourse is the subject property, but if the delinquent property is in an LLC with let's say 4 other properties then those assets are exposed to the LLC debt holder - if that makes sense.But they will ask to see personal liquidity all the time so they can feel comfortable with the payments being able to be made for 9 months.

Can be a challenge when heat is needed for contractors, but the right ones bring portable propane heaters.What specific repairs have you had done to the property?

Is everything already exposed or does that $6/8k incude the demo as well?

Are they doing everything possible to expose properties to the broadest possible market?

Simultaneously, buy govt and private debt with a large chunk say $3M, those interest payments put away 40% in a HYSA and take the other 60% and buy private(if exposed) and public equities. 

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

For colleges with a large international student base, MTR can work because parents will stay longer, but for short-term and likely for UTA, short-term would work, but also would expose you to way more occupancy.