If you want your hand held, a PM that specializes in MTRs may be worth the money for your first year.

Make sure this is a specialization of whomever you use.

The other thing to consider is the age and if you add a second floor will the entire structure need to be brought up to code for hurricane and wind.I live in a neighborhood where the homes are older (not in florida) and the foundations are hollow core CMU and adding a second floor would not be feasible due to soil bearing.

I think reader needs to remember that these were very rare and special times were you could buy assets so low with such high rents...

I’m not sure why traditional agents offer any special litigation protection.2.

I strongly suggest you talk it over with experts who specialize in Memphis.

- You can find this out by going to Zillow, selecting your Zip code or Neighborhood, and looking at current rental listings.

Quote from @Alvin Sylvain: I don't know of any special protection afforded you by placing the property in an LLC.

I was in banking for a bajillion years and now own a lender that specializes in this type of financing, so I feel I can answer the question.

You probably need to listen to Dr Joe who specializes in this.