Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

In terms of tax implications how does that even work?

I've been scouring the inter-webs for duplexes, but it doesn't seem like that's really a THING in North Dallas.

Would love long term rentals paying my dividends but old homes in Florida area give me stress that one year it can all get wiped out with nothing to show from it. 

And you need to take care of more basic things first, otherwise slapping an LLC on top isn't going to help.Note: Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2 e. 

I have 3 doors (long-term SFR).

The applicant had this RE agent fill out my automated application on the web and did a terrible job of it leaving it amazingly incomplete with a bunch of "N/As" just to try and rush this applicant through.I waited for 48 hours and reposted. 

I focus mainly on smaller multifamily of roughly 10+ units that are non-professionally managed.This has allowed me to negotiate better deals with great terms.

You can get money on these terms from anyone.

As a result, it seems the value is really just very long-term and if we sold it in the future, any repairs and taxes would cancel out much of the gains (depending, of course, on the pace of appreciation -- who knows what that'll be?).