You started investing just prior to Covid -- these numbers (and the bubble nature of irresponsible FED/Administration choices in the prior 2 yrs) lead to the market run-up, not fundamental company health conditions. 

Within my expenses I included: taxes, insurance, management, repairs & Maintenance, utilities, reserves and a small amount for administrative (legal & accounting). 

About Mindy Henderson Mindy is the owner of North Texas Homes, LC—a real estate company specializing in servicing the administrative needs of the real estate investor community.

I've searched the forum and I'm sure the answer is out there somewhere but I figured I would go ahead and start this thread since I can't find it.When I go pull probate leads from the courthouse I have the option of looking up the Administrator, PR, or Executor.

And I'm going to 2nd on Brian's comment that you need to speak with your plan provider or plan administrator. 

@Jay Kaltenbach Single family, Multi-Family or commercial, as long as they are managed by someone other than: You, the account ownerA beneficiary of the IRAYour spouseYour lineal ascendantsYour lineal descendants and their spousesPlan service providers and fiduciaries (including advisors, custodians, and administrators)An entity (corporation, estate, partnership, etc.) in which you own at least 50% of the voting stock, directly or indirectly.An officer, director, or a 10% or more shareholder or partner.

These cases can stay open for years until the seller can complete the repairs and pass inspection.If the notice is for an Administrative Hearing (400 Superior or 2006 E. 95th), you'll need to bring photographic evidence  of the repairs printed out, NOT on your phone.

Per the Fair Housing Administration, Food Stamps are considered income. 

If there are several LLCs in the series, this can be a big administrative issue if I have more than 20-30 singe family homes.

Other than the administrative burdens of setting it up, and formation costs, are there other drawbacks that I should be aware of?