Find out his go-to tax treatment for home office qualification for a landlord. 

The rent to own option may be a good alternative though

When analyzing the returns, we notice that the cost of the LLC ate up into the properties returns.As an alternative to an LLC, we are contemplating on creating a partnership between the three of us and having the three of us have equal ownership of the property.

If you just moved out of the property, listed it and insulted, you would not qualify for 1031 Exchange treatment.

(Unless you specifically request a different tax treatment.)Yes, you can deduct the business expenses this way.The pros and cons of the different entity types can be a really long discussion.

Any thoughts for alternatives?

If you decide managing properties yourself isn't something you're comfortable with, I would look into this.Also, each situation is different and this may not apply to yours, but there are eviction alternatives, such as "cash for keys".

I was interviewing a new PM for some properties in another part of GA.  He mentioned that he pays a one woman pest control company $30 bucks a month to go in and spray all of the rentals he manages.  Of course she con...

I read every article I could find made a page and started searching alternative methods of funding. 

MAYBE you care MORE for the Family Car, but which car is getting the better treatment?