This is the first time I'm attempting this strategy, so I'm kind of flying blind. 

I purchased it under my name but was thinking of transferring it to LLC.

I would rather rent at a slight loss than to be vacant for an extended period of time.

The one for sale is #4.

However, years of financial struggles and competition from major players like Walmart, Target, and Amazon contributed to its decline.Following the closure of the Hamptons location, Kmart will have just one downsized store in Miami, Florida.

Rentometer is fair as an aggregate, but often misreads the market in high rental areas or very suburban markets where there aren't a ton of rental options.You should be able to be within $200/month using MLS data which is not all on Zillow because the syndication of rental data is way less than sales data.

I am currently going through the process of closing on my first multifamily deal.

End of story.If you are talking about courthouse auction, those are cash only, ten percent due at time of sale and the rest within ten days usually.

Hello Dennis and welcome to the BP forums,You'll get some great insights on this post from experienced wholesalers in and out of your target market. 

In your situation, seek out a partner who is already experienced in this type of acquisition and managing the same.Share split?