It is very probable that an LLC for an active business won't need the same tax treatment as an LLC for passive investment.An LLC can also be member or manager managed, single or multi-member.

bumping this thread-- surprised nobody has ever had a change in original intent of a project which could impact financing or tax treatment.

Over a certain density you may have to do a treatment plant which i understand to be super expensive.

1000 for a bed bug treatment seems pretty freaking High.

We never saw active termites and a foundation guy I brought in pointed out where a previous termite chemical treatment was likely done so I think the termites were an older problem.

I understand it can make you wealthy, but so can real estate and probably a lot faster with better dividends (cashlow) and tax treatment.

In an event of bankruptcy, LROs would be paid off by the real estate and Notes would be paid off with the Company's assets.There is no preferential treatment to either - there is no order of payment.

Although so far we've only rented to travel medical professionals (lots of physical therapists for some reason), we've had inquiries from people relocating to our area needing housing, a divorcee, someone in town for a family member's extended medical treatments, forest service seasonal workers and people doing 6-month sabbaticals at a local bible college.