The one major difference is that when you close under the LLC and you use a non-recourse lender or one that doesn't report the debt to your name, everything is separate from your credit. i.e., - the mortgage will not be reported under your own credit, but live within in the entities EIN.

When I'm not chatting here I'm working overtime to arrange complimentary transportation to get you to court and should you have pending business there secure lodging near the courthouse with complimentary shuttle service on any court dates!

Here's the breakdown of costs and services I'm considering:ZenBusiness Options:Starter Package: $0 plus state fees.

I rented to non-Sec 8 at market, more than 10% above what Sec 8 quoted me.

It's designed to prevent taxpayers from deducting passive losses against non-passive income, which often leads to situations like you've described.Your concern about potential double taxation on the $2,000 net income is valid.

When a professional is running the pricing, the schedule, and the guest services, you would be shocked to see how much 1 unit can actually make.

Based on the costs of infrastructure, water, sewer, electric, roads etc. a investor will be deep into debt for a long time before lot rent will even come close to covering debt servicing. 

@Shawn Sithere are - and if you do that, you'll start getting lit up with calls, emails and texts from every lender that that service sells your information to

If you are in fact referring to gross rents, then yes you can get gross rents well above that but after all expenses, includeing debt service, PM, maint, cap ex reserves etc, a good deal is about $100 - $200 a door in pure cashflow. 

Now ~18 months later, it's been in service as an STR for about one year.