Do you want to lose your options to do a 1031 exchange on your properties? 

We have leased several properties in Brampton recently, and we also have some rooming houses in our management portfolio.

The example scenario would be if I bought a $1M property, the bank is in first position and covers 800k of the property cost, the seller agrees to cover cost of down payment and covers 200k of the property cost.Let's say we can no longer make payments on the property and it's foreclosed on.

I work with a woman who works for a non profit org that helps place section 8 tenants into properties.

Property is a 3/2 SFH 7 miles from the beach and 4 miles from OWA. 

We are considering buying our first multifamily property in Ohio and plan to hold it within an LLC.

Each landlord/property manager is different. 

You may have seen my other posts in here related to a small mobile home park with 1 ranch home and 5 mobile homes.I have been waiting on the information regarding the septic design of this property for months.

Being out of state, you will want an agent who has good relationships with reliable inspectors, title companies, contractors, property managers, lenders, wholesalers, insurance agents, other RE agents, etc.

If so, how do I get around this or at least make it to where only the rental income from the property is taxable locally?