With a triplex, the cost for the same slab increases only slightly, to $28,000, but you get three units instead of one.

Meeting that 2 in 5 of the last requirement allows a single owner to shield $250k of appreciation and a married couple to shield $500k.Unless you predict a lot of income from the MTR or you feel that there is a lot of appreciation incoming over the next three years (minus time get the property sold), you may want to consider collecting your $100k (passing GO) and redeploying that money to whatever you feel is its best use. 

I can place and ad, within 30 seconds our phone will start to ring, Sec 8 and other programs are huge in the Cleveland markets.

All you get is what you can export/import via CSV file:(We use Propertyware, have experience with Buildium, and have played with Appfolio and RentManager.Buildium is for smaller companies.The other three are tied, the differences being how much automation & customization you want to do.If you don't see yourself growing beyond 150 units, go with Buildium.If you're not very techy and plan to grow over 150 units, we'd recommend Appfolio.If you're techy and plan to grow over 150 units, we'd recommend Propertyware or RentManager.Of course, schedule some demos, take GREAT notes and them make your decision.FYI - there are MANY new options on the market, RentRedi, TenantCloud, Apartments.com, Hemlane, Rentec.

The transfer to the LLC is to make the partnership equitable among the three  groups or six people. 

We don't accept letters from three years ago or some quack on the phone with a credit card reader.

The IRS classifies income into three categories: active, portfolio, and passive.

There is DSCR seasoning that it as little as three months if you have an LLC and you would like to use the new appraised value.

I had five rentals up for clients in the past few months, and only three got rented.

I have three properties, prob need to sell like you said.