It is difficult to figure out what is going on in your post.If I understand correctly: that you have a property management business (LLC 1) and you recently bought a commercial property under a separate LLC (LLC 2) and that you want a rental agreement between the two LLCs.Just make it arms-length and fair market to avoid problems.If both LLCs are disregarded for federal income tax purposes, the lease will also be disregarded and won't be respected for federal income tax purposes.If the management LLC is an S Corp, you'll have a self-rental situation that has unique passive activity loss rules.Your professional advisors can fill you in on the details.

My wife's full-time job is raising our children, but her side hustle is managing the day to day operations of the Airbnb, so we have a unique situation that would allow us replicate this model in the future :). 

I am no longer local to the north texas region, but I have excellent connections in the area, and know the market quite well based on previous experience living there.

Look no further than the burgeoning landscape of medium-term rentals in and around Modesto to discover viable returns.The real estate climate in this region has been witnessing a remarkable surge in medium-term rentals, offering a sweet spot between the high turnover of short-term rentals and the complexities of long-term leasing.

Our region presents distinct opportunities and challenges, and by tapping into this local knowledge, low vacancy, high demand, high rent, etc, you can strategically position yourself for maximum returns.Even with your lease not expiring until October, owner-occupant financing is a game-changer for those considering house hacking.

It has been my experience that banks 1) want you to be local and 2) look down upon seller financing and 3) want 30%+ down in this market.I would definitely suggest registering your business in the state in which you would like to invest and then pursue relationships with regional banks.Gabe

Louis region offers lots of areas of low and moderately priced real estate so you can start investing without needing lots of cash.

Would love to hear your thoughts on all that space between DFW and San Antonio...sort of the region I'm focusing on, at least at the moment!

You will have better luck looking at the regions in and around the next tier of cities (Worcester, Springfield, Lowell, Lawrence, Brockton etc.).

In that same time period, there have been 1,655,290,000 unique visitor to Zillow.