Some states might make you have an LLC in that state for a property.Least protection: No LLCsAnother option within those options is to use REPT (Real estate Privacy Trusts) under the LLCs for different properties.

Hi @Ozgur Cebe There are a few options for cost segregation based on the property and your goals.

You will still have to write a check to the IRS next April as you will come short of the total tax due, but without penalties.Now, if you want to avoid having to write a check to the IRS next April, you have at least two options:A. prepay the expected tax from your paychecksB. implement one of the tax strategies that delay this taxBoth options require professional assistance. 

I have also considered getting some investor and turning the building into a facility myself as and option.   

If you have strong credit and a good relationship with your local bank, they might be able to offer you something suitable.For lenders offering DSCR loans that don’t use DTI, only cash-out refinance options are available.

I would like to offer him a 5 year or 10 year seller financing option for his steady payments that he wants while giving me a property to start real estate investing.

Monthly rent is $750, so I'm wondering if the costs/time/stress of eviction are worth pursuing if an option is to just tell him I need him out in 30 days.

There are a lot of options, but try to make a list of three things you think the town needs that it doesn't have right near there and that may point you in the right direction by talking to someone at the town office.

They should be a pretty good option for you.  

The drawback you have to fit "in the box"; 20% down +, excessive reserves requirement, specific restrictions on tradelines, assets guidelines, DTI under 43%, owner occupancy etc.. if you are open to ARMs you will have a bit more options..Also need to consider the type of property - if condo/condotel banks might not finance at all.. there are many factors to consider we do have some good outlets for jumbo, would be happy to review your scenario and give you a quote.