Had a thought of developing two different phases, one with contractor garages on the more flat land, and townhomes in another area that is more uneven.Thanks,

Simple answer, yes these are all normal things to utilize.However, as to how they are used - that will depend entirely on where you are going and what you are trying to accomplish.For tax purposes, given it is generally a bad idea to use an S-Corp or C-Corp for holding real estate, any other tax structure will have absolutely no difference from one another - IE an LLC taxed as a partnership, an LLC wholly owned by you and disregarded for tax purposes, owning directly, or owning through a revocable trust - all of these have the exact same tax result at the end of the day.

The other pool of tenants: One is a couple relocating to area high income earnerOne is  interested in renting as a "personal care home for 4 residents"One roommates working in the area with the same company needing housing for next yearI just need some guidance. 

That is a distinctly different set of circumstances from Texas tax sales that I'm somewhat familiar with.Which of the two scenarios is closer to the OP case?

Finfi.co is a loan servicer Brian Page uses and Universal Acct Servicing or Thought Axis is the loan originator company.

I suspect the title company or closing attorney may carry some fault here?

Hi Mayuresh, personally not a huge fan of the Cleveland market because it's losing population year to year and companies aren't moving there.

Marketplace can be a huge time suck driving around to a bunch of different places for a single item you may or may not even end up wanting.

Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.

So long as each LLC does not own more than two residential dwelling properties, or more than four dwelling units total, the LLC may require two month’s rent as security deposit.Although elsewhere I have expressed the opinion that placing each rental unit into its own LLC is maybe not necessary for limiting liability, if an investor is subject to the new security deposit limitations, the idea of limiting the number of dwelling units in any LLC to four rental units, now has an added benefit of allowing the LLC to require higher security deposits.Below is the pertinent portion of the statute:(4) (A) Notwithstanding paragraph (1), a landlord may not demand or receive security, however denominated, in an amount or value in excess of an amount equal to two months’ rent, in addition to any rent for the first month paid on or before initial occupancy if the landlord meets both of the following requirements:(i) The landlord is a natural person or a limited liability company in which all members are natural persons.