If you open this as a single-member LLC, it gets a little tricky with additional state taxes when sold or if something were to happen to the single member and the property went to a family member.

Then prop tax on investment rate IN for a 4 unit probably another $500 + $150 insurance, etc? 

The deal cash flows at about $1000 a month BUT the insurance company will only do property replacement coverage NOT liability.

If so, I’d start thinking about letting a real GC hump all that liability.

I'm thinking of managing myself and looking for a fee based advisor who is versed in tax/management.

However, I am unsure as to what the best type of entity would be to set that up (from a personal liability and tax liability stand point).I've been investing in real estate locally in the U.S. for over 10 years, but this is something new for me. 

Will her 1031 exchange tax deferment be affected if she transfers the funds directly to escrow at closing without being on the loan?

Getting towards the end of the project after I've visited maybe 3-4 times over the 5 months of work, i'm told the roof is an issue and massive liability.

Curious if any tax pro's out there know if capital gains from sell of SFH rental property is included "Provisional Tax" for SSA tax purposes.Thanks,Paul

Also, you could be opening up yourself to liability.