This could be a single person who has their brokers license or a larger brokerage like Keller Williams.

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

i would never tell a random person on the internet where they should live. 

Personally, I self manage but have built systems to allow it to be fully remote and very passive.

Interest rates need to drop a certain amount in order for a person to make a transaction right now.

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

$6k tax.Ins,hoa, not to mention utilities . took out a HELOC off of our personal home ( res.worth $900k, and a 260sq ft studio, mtr. $1450 mo.) for$ 220,000 for the deposit.

I personally would sell it.Your return from real estate is two items - Cash Flow + Appreciation.What is the annual rate of appreciation you are getting, approximately?

If there is a due on sale clause in the loan doc then it doesn’t matter what the loan officer told you verbally.I’m not an attorney, but from my understanding of the loan is still in your name personally a good litigator can pierce the veil and your LLC protection wouldn’t amount to much.

They are all under my personal name.