There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

However, there was a lot of additional paperwork, and I had the capital...So I just opted for the more traditional path instead.  

I'm not satisfied with not filing the rental in an LLC simply because it's more simple and might cost me an additional filing fee .

Any additional input would be great.

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

Additionally, I have one savings account for reserves for all my properties, which I add to every month. 

@Kaylee WalterbachI would like to learn more about this Momentum 2025 Summit, where can I find additional information?

Are you looking to do additional projects like this in other cities/states?

In addition, I've helped many other investors finance their deals as a mortgage broker.I'm happy to share my experience as both an investor and lender.

If your hold period is short, it may not make sense to take bonus depreciation.BENEFIT - Clearly additional depreciation is the benefit, but only if you can use it.