You have to be an active manager and many current owners are not wanting a second job and are selling.

Because I'm here, active in the market and I do NOT want every fool rushing in and ruining it for me and my clients.    

Are there specific advantages or potential pitfalls I should consider when structuring these activities through my LLC?

The mega site in Richmond, as well as Mt Vernon, will really change the landscape in these areas as they did in E-town when the battery plant came in play. 

So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense. 

As a co-host for short term rentals, you may not need a license as long as you're not crossing over into activities that could be considered brokerage activities like handling any contracts, collecting rents, doing any accounting, approving tenants, etc.

So seems like a decent play for cash flow but not much for appreciation.

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

So the Jan 13,  2025 deadline is no longer in play

It seemed like a long-term play with less price or industry volatility.