And if I sell it why does it make more sense in the long run, and at what price should I sell it for if it’s appraised for less than I bought it with current market. 

So there are large numbers of accountants who say it's OK as long as it is documented as an arms length transaction.In this case however, it is an LLC issue. 

Buying a foreclosure property expect that it is going to need some significant work to get it sellable - so consider it a fix and flip.Not seeing too many short sales today but be patient as they can take a long timeIf you are starting out, it depends on your level of risk as mls I would consider lower risk than foreclosure since you can actually see the property

Trying to keep a long story short here.

I doubt you can get more than $500 - $1,000 extra with a fully furnished home on a long-term lease.

In terms of strategy would this area be better suited for finding cash flow or appreciating properties?

Multifamily properties are more lucrative than SFR investments especially when you look at long-term returns.- Always raise rents at the end of a lease.

We buy and hold MF and do long-term property management.

@Zac LindquistNo VAs are used here; I think I will self-manage as long as possible.My occupancy would be close to 100%, but because of house hacking, sometimes I choose a gap between TMP contracts so family can visit.I only list on Furnished Finder (FF).

I like markets with other solid indicators like job growth, net migration, long term rents, appreciation, etc etc