I posted in another forum about these people. Long story short: conventus has turned over servicing to shellpoint. Shellpoint has repeatedly cashed my checks (which were on time EVERY MONTH) and continues to fail to p...

Cons of selling to LLC - Ongoing legal & tax paperwork that is more complex & potentially more expensive than if we kept ownership outside LLC- ?

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

I know this is an ongoing issue.

This will be an ongoing headache for 30 years (or until you foreclose) without any of the upsides you're used to.

Gotta stay positive and keep on going.

(on things like flooring, cabinets, remodels, siding etc) I want to hear thoughts on going as cheap as possible, making the house look "high end" (possibly attracting higher end renters and charging more) or somewhere in the middle?

This is a mistake my mentor and I made early on. Going

They were given the asset's, given the $ to carry or off-set carrying them, and then get the ongoing $ and returns. 

The appealing aspect here is the ongoing population growth and other economic factors.