I buy single SFR empty and put a tenant in them because as mentioned above you buy the existing tenant, lease contract and all the unforeseen mess.

Also, I could have done a better job putting my VA in an ideal circumstance for success on the front end.

This wasn't an IRA home situation, but family relationships can change.The takeaway is stay on top of your investments and how they can be impacted by changing circumstances.

The chances of disagreement are high and require covering every posible circumstance.

Under what circumstance would vacancy decontrol with 7%+CPI per year allowable rent increase limit you unreasonably?

@Joshua D Enos I totally get it, everyone has a varying ability to do that strategy based on their life circumstances. 

As stated you never allow tenants to do any work under any circumstances.

That's probably not what you wanted to hear, but it's a facts and circumstances based analysis that's not possible to answer from the information provided."

Correspondingly, all business income taken from an LLC under similar circumstances is subject to self-employment taxes. 

Correspondingly, all business income taken from an LLC under similar circumstances is subject to self-employment taxes.Holding Properties When holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.