Those businesses could also then share the Holdings Co content on their sites.Definitely complicates things and needs to be done with care to avoid shooting yourself in the foot but it can be done.

I'm blessed that I have my cousin that there taking care of my properties and don't have to spend on properties management .

With my limited knowledge, I would agree that it's best to try to get a bank loan through the entity of an LLC for both tax reasons and protection.

I agree with the idea of letting them stay, adding the pet deposit and socking the money away because in the end, this can be a challenge to take care of the odor.On the other hand, if the contractor is not used to cats even one dirty litter box can cause a significant ammonia odor (cats consume a very high protein diet and thus produce a high urea content urine).  

They consider the property their home, so they tend to take better care of it.

Note that terminating a lease and an eviction are very different things so be careful about using the right terminology.I don't believe you have to go the route of eviction at this point.  

Locations close to prat and whitney would be ideal, especially since pratt will be adding close to 15k jobs through out CT.New britain is mostly working class, areas near the CCSU campus might be ideal.Other cities to consider.... hartford, bridgeport, and maybe waterbury... but be careful of the neighborhoods you buy in.Good Luck... 

hey @Jacob Nunn - like a lot of aspects of the plan - sounds like you have been busy on soaking up all the knowledge.two thoughts from my POV for what it is worth:1 - would be careful on tying up too much cash in the distressed land aspect.  

The current owners have been in it for 16 years and took great care of it.

You do have to vet the area as much as the deal, because there are many pockets in Rochester and the wrong area can really skew your numbers on the repairs or cap ex side, because people would just not take care of your properties.