If the LLC is a single member LLC and you didnt elect to be taxed as a corporation - you will report the rental income on schedule E.Is the property located in VA?

yes, the ballot initiative in November’s 2018 election in California will be very important for SFH owners to take note.

The real estate market is more complicated than that though and there are many other factors that drive demand, such as the flood of capital into the marketplace and the available alternatives for parking ones money.I was at lunch yesterday with my lender, the lead commercial broker in my area, and a couple of large local investors and the president of the bank asked that exact question. 

After listening to @Joshua Dorkin and @Brandon Turner go on about Boaty McBoatface, I was ready to cast my vote for president!

I'm not sure what Real Estate Professional has to do with this discussion, but it is most certainly NOT a decision left to the taxpayer (other than for-some-reason choosing not to elect RE Professional status when otherwise qualified).  

I agree with @Brandon Battle, definitely go LLC with S-Corp election.

Inventory however is about 2 months worth of properties.There has also been a few recent articles about how the election has/will impact interest rates which will reduce the buying power of most Americans.

I contacted the president of the HOA to ask for it to be repaired.

I am a past president and lifetime board member of TRIG and am also active in PREIA.   

I expect Trump getting into office will greatly delay and possible bust as the public and markets have responded strongly with confidence to his election.