I just started to cash flow positive last year after all my mortgages were paid off, but I have made multiple millions in appreciation.

To me, the idea of LLCs is business smart because it not only protects personal from business assets (as well as one asset from another), but really spells out the expectations in the operating agreement and, possibly, a subscription agreement if there are multiple investors.Feel free to reach out to me or members of my team if you want to learn more.

It happens all the time for multiple reasons.I’d say a typical tenant stays 2 years in a house and maybe 1-2 in an apartment, depending on class

Just completed my profile and will be reading as much info on the forums as I can.I am looking to gain knowledge and discover the formula for making money and providing safe and affordable housing.I have very thick skin and will take advice well. 

There are multiple homes listed from anywhere between 34,000 to 54,000 (3br and 1to2 bath).

This could now be used again to buy multiple properties all of which have the opportunity of forced appreciation through rehabbing and increasing the rents.

This may be a silly question, but if it's a cost thing in the short term...could you build multiple pads < 5000 sq ft and avoid the engineering costs/permits?  

The contract has been extended multiple times, with the final date being 2/21.

There are multiple homes listed from anywhere between 34,000 to 54,000 (3br and 1to2 bath).

Show them you are in good standing.If the rental is in high demand (you have multiple prospects) remind them that they don't have the apartment until a deposit and lease are signed and that other tenants are interested.