Keep the accounting separate between your schedule C and LLC, and you should preserve your corporate protection.The advantage of creating a separate LLC structure for the PM is to contain the risks of the PM and operations from the assets of the property managed and your personal net worth. 

@Brandon Drayton Since you are looking to generate cash flow, I suggest containing your search to neighborhoods that have higher rent to price ratios.

Anyone that tells you they can get you a list of borrowers getting ready for a legal filing (delinquent), is lying to you or, breaking some rule or law in most cases, as you have to have a permissible use for that type of information, which is only contained in a credit report, (again) that you do not have access to.

 #2 the list must contain enough stress to convert leads into deals.Fact is Kents list is being mailed by zillions of investors in the hot markets.  

The 'pool' contains unencumbered or high equity property depending on what you negotiate.

The book contains 136 cases where they discuss if it is appropriate to pierce the corporate veil and why.

See IRS Publication 560 as it contains a few paragraphs surrounding this. 

Folks who didn't comply suffered the penalties for driving with an open container. 

Multifamily - From a lending point of view, any building or set of buildings unified under one deed containing 5 or more units is considered a multifamily property.

I think our location is good and near town, but would consider building something unique in terms of the technology of the build and structure - our market would probably be more affordable small home for families and or couples - stackable structure, but not containers.