Often time they burn the soil in a controlled situation like a incinerator. 

These types of properties are rather unique unto themselves, how to best lease, duration of tenancy, what ideal tenants value and de-value, how they act in regards to management etc etc.

Once I build more equity I might not do this but since I’m starting out I think it’s important so I can build a better D/E ratio for future investments.

Understanding a rehab and BRRRR when you are not near it can be stressful and harder to control. 

Since there is no custodial requirement for the 401k, you don't need the additional expense and administration of an LLC to obtain checkbook control.

No more managing tenants, vacancies, maintenance and the managing the manager (who is a $12-20 dollar employee who's compensation structure us not aligned with your goals) By passing the control of the day to day operations to true experts who are literally partners (direct alignment of compensation and motivations), you can assure the investment is being optimized while you spend your time on what you want which is 1) making more money at your day job, 2) spending time with your family or 3) finding that one off deal that you want to do one your own while pairing with a Limited Partner strategy. 2.

In some areas you may be dealing with local law too like in California there are LA county laws on rent control and Chicago as well. 

Virtually, no business has books so-organized that they have that much control to manually manipulate their tax bracket by giving money away.A few years ago, my plumbing, heating and construction business was doing about $7 milion per year and my rental units bring in about $4 million.

Both structures can provide checkbook control.

FL HOA are some of the toughest around, meaning old people are in control of them and they like what they like, so even when the bylaws look Airbnb-friendly, the reality is not always the case, depending on the area and development.