We always give a 60-day non-renewal when they are an annual tenant.

I don't like the returns but we use regular savings accounts. 

-PatrickA high yield savings account has a number of advantages.

@Mike Terry sounds like a pretty good argument to go after the property, I think your question is more along how to value it, and account for the deferred maintenance. 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.  

My suggestion to consult your accountant or tax prepared referring to points which also know as loan origination fee and interest rate how this will affect and will this be an advantage for your business?

Here’s a quick breakdown of our financials:Operational expenses (excluding mortgage): $33k (Jan-Dec 2024)Annual mortgage payments: $58kTotal needed to break even: $91k+Income earned this year: $80kClearly, we need to bridge a gap of about $11k just to cover our expenses, and I’m exploring options to increase profitability.

This absolutely sucks, they should be held accountable.

Anytime... we have one accountant who focuses on our MHP and multifamily clients.