This was done to maintain favorable interest rates and to keep the mortgage company and HOA happy because neither is fond of LLC's.  

At the same time, you can be improving your personal finance position to have a solid foundation for investing and taking calculated risks. 

I manage all of the properties (with the exception of one in another city) and maintain a VERY full time job as a trainer/consultant.  

Just make sure you are comfortable that even when the economy declines you are still in a comfortable position should you have to take that property back.Lauren Prichard, CEOAborn Powers/Aborn Homes

The law does recognize that anyone who for years does not use their property, does nothing to maintain it, does not pay taxes and cannot be located through their contact info and addresses of record -has implicitly abandoned their real estate.

Are you in a position to get a HELOC on one or more of your properties?

I am from the upstate and I would like to make a positive impact on the local area one rental property at a time. 

Continue to invest and if and when the market falls then you will be in a good position and have some great opportunities to score discounted real estate at bargain prices from people who didn’t prepare .

If you put 20% down ($20k) and financed the rest ($80k), at 5% for 30 years (Total Interest = $74.6k), if you go the full term, the TOTAL cost to buy your home would be = $174,604.63However, if you buy a home to rent, and you have positive cash flow (this is important), and like above put the same DP of $20k down, with the same interest rate, term, etc..., the TOTAL cost of the this home to you would be = $20,000.Why? 

The IRS has just issued updated guidance on OZ's including the draft self-certification form (Form 8996).From a quick high level glance at the newly issued 74 page draft regulations it does appear that only capital gains will qualify (which confirms the position our team held) Our real estate team will be diving into this over the weekend and next week in more detail.