If they have kids now you really don’t want to be the person that said no and then one gets hurt.

Personally I would not put all my eggs in one basket, especially if I "fell into this position"

They said you can buy even single family home with a commercial loanThey don’t look at personal income.  

It’s good the person is alive and well. 

Customer Focus: (tenants) Never forget the end-user of your properties.

Conquering Chaos in Your Field Service Business: How AutoOps Can Be Your HeroImagine this: a disgruntled customer calls you, furious because a noisy technician woke their child during a recent service call.

The easiest way to do that is to be honest with yourself about your goals, risk tolerance, personal bandwidth and capital. 

I personally use a service for all my LLCs I use a company called Prime Corporate services and have a holding company with all my LLCS under them.

House hacking will also give you some personal "property management" experience.

Overall, he seems to want to do a basic cost seg for me on the FF&E and Capital Improvements and leave the original basis of the property on the conventional depreciation schedule.I would love some feedback, personal experience, thoughts on this matter.