I suppose one could argue that the deduction shelters income, but so would a loss on sale.

If you are set on out of state, you could always go the turnkey route I suppose for that amount. 

As far as your LLC I suppose that depends on many variables.

I suppose it just depends on what you are looking for.

I really appreciate it.I am working with the lawyer (the property owner hired lawyer they started the eviction process), and according to the legal assistant of the lawyer they are suppose to move out once the 30 days are passed of we can take it to the sheriff to escort them out. 

I suppose contacting a particular lender will be best.

It also says that rarely do you get the actual rent numbers on the presented brochure, and are supposed to get the rent roles...

If I do, I suppose we buy again.

That won't give you the supposed asset protection that having your properties owned in an LLC would give you, but it would allow you to write "ABC Rentals, LLC" on your rental contract and for that contract to be enforceable in court. 

I don't have an answer - just what I heard.This is supposed to be public information, but you will often run into resistance getting it.