We want to be real estate investors mainly dealing with rentals, we started the LLC thinking it would make the most sense considering we’re operating out of 2 different states (we paid the fees to operate in both).

It all depends on how much you are willing to invest, what areas you are interested in/classes of properties, what your operating costs will be and of course what your end goals are.

@Andrew Johnson I'm bad at explaining sometimes.The ltv would be around 75%Gross  income                         $57,000Net operating income est

scenarios to form up your final Operating agreement.Good Examples of "What IF" scenarios:What if you get hit by a bus? 

We have an LLC set up in SC, and that is where we are operating.

Is the slab insulated (underneath) and heated (hydronic or electric in-floor)?

there was a leak in a pipe underneath one toilet and that plumbing (and floor) was repaired, the main stack pipe in the basement was replaced and some minor unrelated repairs were made (one sink was missing a pipe - seriously, some drain clogs, etc).In the duplex I bought on July 31st there was a plumbing issue prior to me buying it (2nd floor bathroom pipes).

Here's a picture to help show a full view: I'd say about 6 feet, and it sits underneath the roof that does have gutters.

This could mean helping out a more experienced operator or identifying a coach/mentor.

Are you asking about buying this lot and putting an actual operating storage facility on it?