In general I would suggest making the choice between [ LLC+CommercialMortgages ] or [ Person + ResidentialMortgages + UmbrellaInsurancePolicy ] one time, and sticking to it.

@Derrell Barton I have always found it beneficial to go to the offices and in my local area most realtors allow outside services/ companies to put on luncheons for their agents and you spend a little money buying lunch for the agents and the luncheon is a great way to pitch your service!

You will be amazed how beneficial it will be when you can make an almost-instant decision on a property when you come across it, because of your practice analyzing, knowledge base, etc... 

As it pertains to me, just starting out, I was looking at starting an LLC for a few reasons but the further I dig into it, I'm not sure it's the right choice.  

If they pass screening and you have no other choices make sure you only have them on a M2M lease.

So many choices: 1031 into units, JV with a developer on a build project, buy three other SFRs at around $250,000 each getting close to the 1% rule.  

Not by choice either, id have to pay a ton out of pocket to sell it.

Hi @Rian Greenberg, if you’re an accredited investor there is an investment product called a DST (Delaware Statutory Trust) that might be beneficial for you to learn about if you decide to perform a 1031 exchange.DSTs eliminate the day-to-day hassles of property management, allowing for more free time to do the things that are more important.

Boyce CPA is a good choice in the area.  

A individual simply requesting to be allow to have a pet to train as a service animal does not make it a service animal and is therefor not protected.As for turn over if the landlord does not allow pets or charges a pet fee it is the tenants choice to stay or go.