Business justification of LLC-B --> This is can be a problem.

It will be extended, we'll see a reduction in regulations that hamper small businesses, and we'll see new regulations that help small businesses.

That's why I would never had a business partner.

So yes, it's about knowing your business and being very specialized. 

Redlining IMO would only be an issue if @Jimmy O'Connor said to stay away or refuse to do business somewhere; he did not do that, he just pointed out property characteristics.

Holding company typically if you have multiple companies like a property manager, own property and other businesses. you will end up spending more per year on accounting and state stuff than what you make on your rentals. 

And I'm not saying this to earn your business just as if it was a residential property.

As someone who’s spent years building a real estate business from the ground up, I’ve seen both sides of the equation.

I'll use these next 20+ years to not only evaluate Real Estate, but other income sources (businesses) to see if I can find something.

I have 7 MTR and my income is 1.7x my long-term rates ($1200 vs $2000), but that is very specific to my properties, my location, my business model, etc.