Be mindful that there are rules that the lenders want you to check off.Furthermore, there are other rules on the tax side where you want to normally be under to get the most tax benefits.The magic number in both instances is '14 days'Lenders want you to stay atleast 14 days to meet the secondary home requirement.The tax accountant normally wants you to stay less than 14 days or 10% of the days it was used as a rental to treat it as a rental and not as a personal residence.Best of luck!

Personally, I would never open a Series LLC in the State of Illinois.

I have been told that it could be better to save the FHA loan for a later property (Possibly a personal one), if you can put 20% down for a standard 30-year fixed loan.

My personal credit score is a 780 and I have multiple other properties but still not busting the DTI metric. 

So we contacted our HVAC person and they agreed to come out on Monday 2/24/25 at 8am.

You are correct they handle by PM company liability I have prudential personal liability.OK, yeah, and they (Coterie) doesn't offer commercial umbrella insurance (or personal) so I was concerned you might not be covered correctly.You have a personal liability umbrella through Prudential?  

However, because I am unable to make trips to scout locations or look at homes in person.

Is a retail bank branch the type of NNN tenant I would personally be excited to have as a tenant?

In all the years I've dealt with these I have never personally had one gone that road of default.

I can do the parade of horribles for a personally owned rental property but suffice it to say that it is a long and robust parade and the horribles are horrible.