Even if your just posting on your free classified ad sites, driving for dollars (then contacting the homeowners to see there interest), even could throw up a few signs around town.

I live, invest in East English village ( Detroit), Harper Woods which is classified as Detroit.

A single-member limited liability company is generally classified as a disregarded entity, which means that it exists for legal purposes but is ignored for income tax purposes.

https://www.nolo.com/legal-encyclopedia/does-the-federal-fai...Yes , that is why I like single family housing only….there are more regulation / issue / law when it is classified as multi family ,but I could select the renter that fits into my criteria when it is SF 

Most investors are classifying specific sub-markets for certain investment strategies.

I might be mistaken, but my understanding of the 1031 exchange (I just did one), is that if the relinquished property can be classified as personal residence (allowing for the residence exclusion), it would not be allowed for a 1031 exchange.  

Try looking up SIC codes

So you’ll have that much more tax-sheltered rental income, which is always a good thing.The bottom lineAs you can see, the tax rules for vacation homes are complicated.If you have a vacation home that is rented for more than 14 days during the year and your personal use does not exceed the greater of (1) 14 days or (2) 10% of the rental days, the home is classified as a rental property for tax purposes.

Someone posted in the local classifieds group on Facebook begging for a place to rent and man, the locals DO NOT like people like us, lol. 

If you want to classify it as a business expense UNDER THE LLC, the LLC needs to own the asset and it needs to either be rented or being planned on rented without you living there.