So, you could issue that notice as soon as the rent is late and 10 days later when you file with the magistrate it is then too late for them to pay unless you choose to accept it. 6.

I would choose option 2, because when the economy goes south, gross sales take a dive. 

Having said that, as an LP myself in 30+ deals, and collaborating with many other LP's the main reason myself and others choose to invest in syndication via LLC is the anonymity that could come along with it from outside litigation. 

However, you CAN choose to have it taxed as a C Corp on form 1120 or an S-Corp on Form 1120s as you see fit.There is one exception to filing a two member LLC as a disregarded entity.

You may choose to keep a really good property you fixed where the equity grew by 30% to 40% in year 1. 

Do some research and choose wisely.As Gregg said, your home is clearly priced wrong or not marketed well.

I have had to truly suck up my principal which has been hard and one day I might but starting out you know that it is just survival mode so you can afford to grow more and ten years in be able to be more picky if choose to change routes. 

Thank you for choosing our rental property as your home.

Myself personally when I do choose an agent in a market I am hunting for lots to build I do want to be put on MLS feed.

However, If you live in a small town or a rural area, you may need to choose somewhere else to start.