Reality is Real Estate Transactions are complicated.

Establish a solid reserve fund (3-6 months of rent) to cover unexpected expenses or vacancies, which are inevitable over time.Make sure you're well-versed in local landlord-tenant laws to avoid legal complications.

It can be pretty complicated from a tax standpoint or it could be rather easy from a tax standpoint to implement.

These are also more expensive and complicated. 

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

@Melissa Brown  The overage can apply to both Upset Sale and Judicial Sale is PA. 

Yes, I know bonus depreciation is 60% for 2024.My questions:1) Does this sound valid, or are there many more complicated steps for this to work?

EARLY MOVE-OUTTenant will be liable for a reletting charge of $2363 (85% of the monthly rent) if Tenant: (A) fail to move in, or fail to give written move-out notice; (B) move out without paying rent in full for the entire Lease term or renewal period; (C) move out at Landlord’s demand because of Tenant’s default; or (D) are judicially evicted.

If it's a more complicated structure than a single-member then I think the advice above is relevant.Most people asking in this context are usually looking because they need it to confirm a loan for an LLC they already have or just created and don't need anything fancy to start.

NOtes are much more complicated with a lot of regulatory issues etc that buying RE simply does not have.