Jackson MS 80% of your rental pool is on some sort of subsistence Portland maybe 15%Jackson life long renters ..

There are exemptions for LLCs/Corps that employee more than 20 employees or have annual income of more than $5 million, because every body know money launderers never have more than 20 employees or make more than $5 million a year.

Getting everything sorted early on will save a lot of headaches later

@William Coet, as noted, it sort of depends on where you are looking to protect liability.The most common reason I hear when working with investors who invest in a syndication through their LLC is honestly for ease of bookkeeping and record keeping.  

you dont a good agent repping a buyer is going to go to bat for them not U keep in mind many sellers lie about all sorts of things.. not saying your that way but it is common the industry.

Am I potentially exposing myself to some sort of issue here?  

It's a free market, no body can force anybody to buy or sell anything.

It ended up getting sorted out and the rent got issued through the CHMA, but there WAS a delay.

I have a CPA I work with who I’m sure will sort all of it out, just didn’t want to do something if it would cause a huge tax headache later.Do you know if you convert a STR to a LTR after a cost seg, will it cause a large repayment of taxes (I’m doing the cost segs to lower my W2 tax rate).

All sorts of little things you know if you are local but hard for outsiders to navigate.