A Syndicated Proactive Product Solution converts your repeatable project design cost into a investment vehicle, not only puts you in control of the whole project delivery process but also brings you repeatable product royalty fees in any projects adopted  the same product in the future, even the projects belongs to other people. check this out on Linkedin: https://www.linkedin.com/posts/karl-dixon-2b964656_ace-king-...

Do I need a *business* checking account to accept rent payments and pay for maintenance/repair costs as they arise?

If you've never built, I would never build anything as it will take 3x as long, cost 3x as much, and violate 3x as many city ordinances.

Initially wanted to hold forever but with insurance costs rising/property taxes going up/threats of Hurricanes destroying home, considering cashing out.  

Who will write a $70-$100k cash value policy on this building and what should it cost?

It was the most aggravating part and I thought it would cost us our deal.

Those losses can offset W-2 income when using cost segregation.

Extremely high taxes and maintenance costs plagued by huge inventory sitting in the market. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

With a calculation being on a deal by deal basis you'll need to go in depth with costs VS profit with both scenarios and timelines.