My position at this company is as an assistant project management & payroll.

 Hey guys – you may want to look at waveapps.com  it’s a business software company that is free works great, they only charge if you seek professional advisers such as Pilar’s payroll people and others.

Ask yourself if the person recommending over- sophisticating rental houses benefits by setting them up for you. 

Bank loans, bank accounts, brokerage accounts, IRAs, 401ks, car loans, insurance companies, cruise ships, credit cards, ez pass, doctors and hospitals, drivers licenses, colleges, high schools, not to forget gun shops, google, ATT, Verizon, Comcast, Amazon, airlines, CIA, IRS, FBI, TSA, Homeland security, Target and Home Depot data breaches, security clearances, car dealerships, title companies, accountant, employers, landlords, credit bureaus, payroll companies, golf and tennis clubs, business clubs, volunteers at schools/churches, Russians and Chinese, etc. it’s more of a question as to who doesn’t have it as I see it.

SOL is a sophisticated investment term meaning “sh*t out of luck”.  

And as a C Corp, I don't have the issues of requiring a payroll and deductions.

Clearly, this owner was trying to recoup 100% of the amount spent but I believe any sophisticated tenant would not have agreed to pay more than their allocation of the GLA.

While you can't necessarily force appreciation by driving up NOI, you can often find better deals as sellers are less sophisticated than commercial sellers and you are eligible for residential financing which has owner occupant options of low down payment and interest rate.

However, we do have some concerns on turn-key properties and hope sophisticated investors can provide some insights:1.

I almost NEVER, EVER, EVER see a third party (such as you), buying an LLC from another person that they know nothing about, just so they can take over that LLC's assets.It happens, but based upon my experience, sophisticated business people almost never do it that way.