My understanding is that an LLC is meant to be the same as owning it directly for tax purposes.  

I did have an incident when doing a light renovation.

My vision is to hold this property and let the area appreciate a bit and have the new construction sell so that I can have some direct comps should I decide to build.

Sure people get notices but they get calls, door knockers and agents in addition to direct mail by the truck loads especially if there is equity. 

 Account Closed I am a bit late to this party but wanted to offer some perspective not directly mentioned in this thread.

About to start My first Direct Mail Campaign.

I'd love to get more info on the deal can you please direct msg or email me it...I can offer my advice....another local person to discuss with is Anand if you remember him he's knee deep into all sort of investment propertiesHope you are well

We have always felt positive about Trenton, and the direction it is moving in. 

@Joseph Renteria, if you've been regularly saving, and already have say $30k saved in an account, you should probably ask your BANK directly: Do they have a COMMERCIAL Lending Department, whose job it is to look more closely at the "deal" you want to buy, rather than your already-owned assets/income?

That is better for me than a direct hit on Miami/West Palm.