You’re going to face the highest taxes possible. 1) build and turn it in to a rental for a couple years and then you can exchange it to a new rental. 2) why not build something that can be rented and go straight to renting it out long term to avoid the taxes and selling costs?

A couple of hours spent networking with local investors could be a worthwhile investment.

(I don't know what the licensing requirements are in Ohio, but if the LLC is renting out property it doesn't own, there might be licensing requirements to act as PMC).I think a couple of background questions would shed some light on this:What is the purpose of the LLC?

Please consider factors like price, location, product variety, customer service, and brand loyalty.

Congratulations on your recent investment.Moving new residents is a perfect opportunity to form rapport and set the stage for how your landlord/tenant relationship will proceed.We love to meet them at the property on or before move-in day to go over a couple critical items:We walk the home together and address any existing cosmetic issues and any open maintenance items.

But I do have a couple questions:1) How much should I charge for this (% of rent)?

A monthly savings of $527 that goes into your pocket.Plus, since the seller has already been paying for a couple of years, the principal has been paid down $15,000.So, you are “in” for about $15,000 and have all of these great benefits.

When you pay 'All cash" you get the benefit of being able to avoid the typical (6 month) title seasoning wait to pull out cash.There are a couple of options under this program but very simple for the most part. 

I have have a couple multifamily and 1 STR in LLC. 

Sell property for $10,000,000, 1031 a couple millions into next project5.)