@John CarboneThe type of loan that you get has little to no impact to how it should be reported on your taxes.If you are receiving rental income, you report it on your return.

If you are not over leveraged and not forced to sell you have time turn it around.  

Very inexpensive way to get into a great real estate market and acquire a property that I can force appreciation on.

Just a few of the things that might impact your resale.    

@Corbin Dallas A strategy that a couple of old-timers that I was stationed with in the Air Force used was that they would buy a home with their VA home loan allowing them to get in with 0% down, and typically, regardless of branch, you’re at a duty station for at least 2 years.

Has a nice floorplan and opportunity for forced appreciation.

How you'll be forced to charge a late fee to offer her the convenience of paying as late as she has.

So I was thinking about doing something in the middle, such as:- Buying an apartment in a building that is no more than 5 years old- Search for an apartment that clearly needs renovation internally and that can earn force appreciation just by doing some rehabIs that a good strategy?

If you could put sweat equity in on projects you could handle, you could force appreciation on a different deal that doesn't have structural issues.

If all they can find is the property in the LLC, it may not be worth the additional hassle of trying to force a sale of the property to collect on their judgment.So, they’ll research who owns the LLC and what assets that individual has.