Evaluate Your Goals, Conduct Market Research, Diversify Your Investments, Financial Preparation, Network and Build Relationships, Risk Management and Seek Professional Guidance I hope it helps. 

It has brought so much time and financial freedom to our family.

A lot of it comes down to your goals and financial situation. 

For lenders that offer loans to an LLC....check into Host Financial and I believe Jeff Chisum at Northpointe Bank offers them as well!

From my understanding, if its passive income, just a room-by-room rental, it would go on your schedule E just like any other rental. if its active, like a short term rental situation or mid-term, something like an airbnb or bed and breakfast where you're actively including extras, it would be filed on a schedule C. disclaimer, im not a tax person, so double check this with your tax pro. when you go to qualify for your next purchase, whether that's for primary or inv., using a full-doc loan... if its schedule C, you would need to do a 2 year average of this income in order to use it. its looked at as a business, and self employment income. if its schedule E, theoretically you could use the schedule E income calculations just like any other rental even after the first filing.

Can you please share your experience buying or passing in a situation like this?

All of my LLCs have their own bank accounts, books, expenses, etc.But what else do i need to separate? Is it ok if i keep one email address to communicate with all tenants, etc? Or do i need a second email address for...

Let's break down the situation and explore some potential solutions:Mortgage credit score is the credit score used by lenders for mortgage loan approvals, influenced by factors such as credit history, debt-to-income ratio, and employment history.

I agree, oil covers more, ugly if you use it over water based paint though.Well, given this situation, wouldn't you really want to remove the water based paint first, so the wood itself gets treated with the odor removal products?

If it works in a 'worst case scenario' situation for income, then it'll be even better if you can get more for rent, for example.