Don't make your life more complicated than it has to be.

Have you asked your other agent?

Here’s why selling your primary residence to your LLC and then renting it back isn’t a good idea from a tax perspective:Self-Dealing Doesn’t WorkFor tax purposes, a single-member LLC is considered the same as you, so paying rent to your own LLC is basically just paying yourself.

But finding a virtual employee who you know knows what they’re doing, won’t “half-*** it”  and yet won’t run off with your money might be harder than it sounds.

Do a wrap.

do you think this venue was a bad choice ??? 

If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.

Treat your residents very, very well as an extension for you is even more valuable that a new lead.

What do you think?   

Vaughan, did you tell him he said he would do it for free?