Seller motivation, condition of property, comparable sales, etc.  

Rents seem low compared to purchase costs. 

whats the purpose of getting it bi weekly?

My CPA that set up the LLC advises it doesnt matter where I hold the property, I can funnel the rents and pay expenses out of the LLC for tax purposes. 

page=1-https://www.biggerpockets.com/forums/223/topics/359926-investor-analysis-after-closing-on-a-296-unit-2-lessons-learned-https://www.biggerpockets.com/forums/223/topics/316836-closed-on-320-unit-last-week-6-ways-to-break-into-the-biz-https://www.biggerpockets.com/forums/223/topics/294621-closed-on-155-units-in-houston-yesterday-3-lessons-learned-https://www.biggerpockets.com/forums/223/topics/217842-closed-on-250-apartments-in-houston-texas-yesterday-2-lessons-learned-https://www.biggerpockets.com/forums/223/topics/369032-closed-on-a-200-unit-one-simple-lessonThe purpose of this is to simply say that whatever you’re looking to do in real estate, it is possible.

As the property sits, it is a purpose-built duplex (separately metered) built in 2004.

Can a Tennessee real estate agent, working under a broker, use a LLC or S-Corp for tax & liability purposes instead of doing business as a sole proprietor?

For purposes of the example, assume a 600k adjusted cost basis.Would you exchange out of the $900k portion but pay tax on the final similar to an installment sale.

(D)   Tenant shall be responsible for all costs related to any repair or maintenance of any plumbing stoppage or slow-down caused by Tenant, whether accidental or purposeful.

As practice, I'd love to crunch the numbers and come up with a price I think is fair, then compare that to the winning bid at the end.