However, you can file Form 8832 (Entity Classification Election) to change the LLC’s status to a disregarded entity, provided you act promptly.If you don’t make the election, you’ll need to file Form 1065 by March 15, 2025, adding complexity but retaining the same tax benefits, such as deductions for depreciation and repairs.

I think this will all start making more sense once you start analyzing deals and working with an agent that can provide some insight. 

Let the tenant vacate, and you have one month to find a replacement before you incur any losses.

@Matt Dangelo :  You can find most of your answers under AHP FAQs:  https://www.ahpfund.com/faq1)  Is this a 5 year fund?

I really feel this is helping people find affordable rentals.  

Maybe they bring the experience and provide the funds.I don't like any of your options based on I think you are too new to investing in real estate to take on any of those.

You will also provide the whole amount if you plan on repaying the loan in full beforehand.  

I just found out today that one of my tenants didn't pay rent and was sent a pay or quit notice but the notice provides them 30 days to pay or quit. 

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

I am currently working to find ideal properties.