Hello,I just wanted to know if to know if it's possible to own an LLC that offers a combination of services residential ( rentals) as well as consulting such as software consulting service so that everything is under one umbrella.Thanks

Everyone thinks it will be fine but it rarely turns out that way.

If with the 50% rule you are spending $400 less than you were when renting, you either found a very good deal or have a low debt (or combination of the two). 

He rarely asked me to make any repairs because he was handy and treated it as if it was still his home.

He rarely asked me to make any repairs because he was handy and treated it as if it was still his home.

It also means I still find positive cash flow RE on the MLS (rare, but on occasion).

We would like to combine the bathroom and middle room to create a bigger bathroom and 1 closet for each of the front and back bedrooms.

The loan will be a commercial loan (because it is to an entity and not a person), and it IS rare to find entity loans that are fixed rate over the whole, very long, life of the loan. 

(Even though that rarely makes sense). 

I find this a non issues in the areas I focus (north side) as the tenants are great credit/income and its very rare to have an eviction I have personally never seen one and my brokerage manages/leases many units on the north side.