I do not have any experience with C Area, but I hope that with a good property manager, I can get the learning experience and knowledge that I need to operate a multi-family home in that properly are.

There was one store that was in operations.

You can specify the interests of the owners and the management within the Operating Agreement for the LLC.

@Katie Jensen not the cheapest to operate but electric baseboard heaters (240V) are relatively inexpensive, easy to install and are safe. 

Continue to operate your business in the way that you operate it.

Of course our goal is to increase our operating income and net cash flow, thereby taking advantage of a growing market and benefiting the community.  2 questions...1) When do you know it's time to hire an employee?

Please contact me if you know of a good resource to get the correct LLC docs (operating and subscription agreements) when I am using SDIRA funds for equity in a deal.  

Or perhaps it all depends what kind of entity we are operating under (S corp, LLC etc).

Quick analysis is derived by taking annual Gross potential rent, subtracting an appropriate expense ratio (a percentage of income that is typically used for normal operating expenses+reserves+taxes etc.) and dividing by a market Cap rate.

@Scott ShopeI operate a property management company in Indianapolis called Intrigue Indy.