Do you have the professionals you need to start an LLC, do the proper real estate/tax accounting, solid contractors to rehab or prepare the property, and a property manager to handle the day-to-day operations? 

I hope this question makes sense as this is our first year filing and our first full year of operation. 

The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.

If the seller is trying to avoid legal issues with the city for illegally operating a property I would get out of that.

Very satisfied with the results, operations and and the ability for both manual and automatic shut off before a leak can cause damage.. 

As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies. 

This is an owner operated venture.

This question is definitely very location dependent - licensing across state-lines is a tricky thing to navigate so depending on the size of the lender they may operate in one metropolis or all over the country.

Remember NOI, or net operating income is the basis of market value in rental property.  

Most commercial lenders permit this, but it’s critical to confirm beforehand.Liability Protection: Moving the property into your LLC can shield your personal assets, but ensure your operating agreement reflects this properly.5.