I am trying to get to the bottom of this and figure out why my pool of applicants aren’t turning in the applications they walk away with.

I think what Michael is getting at is there are no income tax advantages involved in creating an LLC taxed as a disregarded entity or partnership.Ability to pool capital and asset protection are outside the realm of income tax, and are important too, just not the question he's asking.And, unlike a sole proprietor or S Corp in GA, LLCs are not required to make someone a partner if that someone invests capital into the LLC.I'm not following you here...you're asserting sole proprietors and S Corps in GA are unable to finance themselves with debt instruments?

Thank you,Sunny Ravansh

He doesn't necessarily want it to be +55 as it will limit his renter pool.

Our reno was shut down for a few weeks, all open houses & showings were required to be socially distant, and with all the unemployment the buyer pool was (in my opinion) a little reduced.Nevertheless we got it done!

I plan to create a regular LLC, like @Paul Moore suggests, with the aim of pooling resources to create an investment vehicle with people I have existing relationships with.

In the event I need cash, I could easily sell one (or all) of my SFH to EITHER an investor or an individual buyer...quite simply, the buyer pool is much larger.

Rent rooms, turn it into AirBnb, liquidate their "stuff", rent garage spaces to people with nice cars, rent backyard pool for kids birthday parties (just saw that on facebook marketplace), if it is in the right place turn it into co-working space, turn it into a home school, turn it into group housing, turn it into a rental.   

Combine this strategy with buying a property that needs rehabbing and the money you could get out at refinance could also fund your next project.I'd be more hesitant on Town Homes because they sell as individual units, but still share a wall with a neighbor, which to my way of seeing things, limits your tenant pool somewhat.Best of luck whatever you choose!

Why limit your qualified tenant pool?