Put simply, an $8mil portfolio throwing off 6% would get you to $480K per year. 

They don't really care so much about facts, reality, what's good or bad, they just want a giant damn snickers to cram in there pie-hole, and to feel guilt free when there doing it.Now before ya-shake your fist in the air over the collective stupidity/insanity of it all keep in mind, these are the same kids that we all decided to raise where nobody got 1st, 2nd or 3rd place anymore, no-no-no, we said that would hurt feelings so we decided regardless of actions EVERYONE got a medal, the exact same medal. 

Same logic applies here as it does to your previous experience, there's just simply an added layer of the income produced by the property. 

Nothing wrong with an LLC but know the LLC will be most helpful in simply keeping your name off the docket above all else in the event a lawsuit is filed.

Business issues or simply too high of a rent demand for the space provided?

While we all the like the forced appreciation its simply not reality for a lot out of state investors unless they take on quite a bit of risk. 

I was just pointing out that I felt it was too much for a STR mattress.The Zinus Green Tea model that we have are a few years older and I am sure there are new ones that have superseded ours.I would simply wait for the deal and grab one up.

@Christine Aledam LLCs will affect your future loans/refinance so you can’t simply just buy in your name and operate as LLC.

The detectors simply need a common wire such that one goes of, all go off. 

From the little you mention, it sounds like simply a risk aversion issue.