However, the then existing ordinance prohibited this type of install within 200' of a school.

This strategy works well in Texas, but is prohibited in some states.

Check with the town/city that you can offer it as a rental - some areas specifically prohibit residential rentals.

I highly recommend browsing their webinar archive.http://www.questira.com/https://www.questira.com/all-events/webinar-archiv...And their prohibited transactions advice.https://www.questira.com/education-center/ira-proh...We operate a drywall business and prefer to leverage our trade contacts and employees in order to do our own property upgrades and maintenance.  

Which is very cost prohibitive & inefficient with only 100 units.  

Add to that increases in food costs, energy costs, and what seems as excessive travel, it may well prohibit renters from buying.3. 

This information is disclosed because I believe there may be a threshold that prohibit full-time position earners to use rental loss to offset earned taxable income. 1) Would it be possible to flow through the LLC's R/E losses to reduce my earned income?

My job currently requires long hours that absolutely prohibit me from standing at home depot or lowes at that hour, at least during the week.  

Any knowing violation of the arm’s length transaction prohibition may be a violation of federal law.

So you will have to prohibit all rent payments by check to avoid the tenant's game of "making partial rent deposits into landlord's account to delay eviction" ... regardless of tenant's past payment by check bouncing or not.