In all major cities, especially ones with a higher crime index, unless you study the market and know it, I would never rely on someone else to choose a block.

@Michael DartenMichael,Let me know who choose and how it works out, I wouldn’t mind having a backup.

Again, the LLC does nothing except own public securities.Here is the relevant language:Exclusion From Partnership RulesCertain partnerships that do not actively conduct a business can choose to be completely or partially excluded from being treated as partnerships for federal income tax purposes.

Some, like ours, focus on offering optional services such as renters insurance or washer/dryer rentals without requiring tenants to opt into a full package.When choosing a property manager, I recommend asking about the structure and purpose of any fees.

You might choose not to renew leases, make improvements, and then raise rents after taking over.

Each of us are in a differentsituation and have different Risk Tolerances. 70% of us are Mom/Poplocations, thus will probably only Sale once in our lives.

I normally pick and choose the events I go to based on what will be discussed. 

What is your risk tolerance, and are you ok with properties that need work, or do you want turn key?

If you choose not to rebuild/replace your settlement would usually be for actual cash value.It's unlikely you can get a settlement for above the coverage amount you paid for.

Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.