Would I have to involve my broker if I am not putting the property in the MLS or doing any promoting; I would simply be selling it to the tenant that is already living there.

My wife and I just opened up a series LLC here in Texas for the purpose of renting out the first home we bought and lived in and recently moved out of. 

Thanks to all who came out to defeat both of these proposals that were very thinly vailed attempts to clumsily exploit class envy and resentment utilizing simplistic divide and conquer tactics.Despite our apparent great success in defeating both proposals (when it appeared that we would lose at least one, if not both), we need to remain ever vigilant as those aggressively promoting wealth redsitribution and property confiscation through highly deceptive and discrimmanatory taxation strategies will definitely be back.We need to diligently expose their "You Got, I want, Give Me" entitlement mentality if we are to preserve our California.

@ Berry Pekin: yeah, my goal is not so much for learning purposes, but more so to have a back-up in case none of my buyers are interested in a property I've acquire and/or they back out.

An opportunity just came up to buy a vacant nursing home that can be re-purposed into a multifamily complex of about 25-30 units. 

You can't deduct all the utilities since you live in the property as well and using it for personal purposes

As a former wealth banker, know this: don't borrow money until you have a defined, vetted purpose to do so. 

Now I use my PO Box.The purpose of the address is so that they can mail taxes to you (if a LC) or otherwise have a place to send correspondences to you for legal reasons.  

What is CRM and what is it's purpose?

If the borrower... does not own a principal residence, and does not have a current housing expense, then for qualifying purposes... rental income from the subject property cannot be used."