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Also need to determine what limitations (if any) apply to using these losses to offset gains.With regard to exit strategy...the sellers are not mobile (i.e., no wish to move). 

Do you apply this to any property of any type? 

Feel free to message me and I can point you in the direction of a few other options. 

But unless you know and understand the reasoning behind it, and are sure the reasoning applies to you, opening up all these LLCs because "everybody does that" or "that's what my real estate bible told me to do" is a pretty silly way to run a business.Taxes and, I assume, legal issues, are never cookie cutter, one-size-fits-all issues. 

To make the most out of this, I recommend posting what your goals are and see if anyone has any insight that can help point you in the right direction.

This way, I have direct access and communication with the landscaper and I make sure my lawn, trees, shrubbery, plants, and irrigation system are being well maintained. 

Or ARV, or purchase price.... etc.View report*This link comes directly from our calculators, based on information input by the member who posted.

But it's not strange that the seller directly contacted the buyer agent?

I would self manage...in a way..I have a crew I use pretty regular for all the rehabs I do so I have people in place to help if I go the STR direction.