To guarantee compliance and make wise judgements, familiarise yourself with lease agreements, rent stabilisation regulations, and other legislation pertaining to tenants.The presence of rent-stabilized units can impact potential rental income and appreciation.

Toledo has a declining population, low incomes and high poverty rate.

However, since the value of a commercial property is almost solely based on the income of the property, investors and bankers alike have grown to love balloon payments and rate resets.

Looking forward to the passive income but also to the tax benefits

And whatever taxes are owed (unless he's talking about income taxes) should be in holding costs. 

Setup, marketing, sales & management.Their Goal: Develop steady income for the firm to combat dips in sales.My Goal: Develop my own business.

Remember you also probably pay SS tax if you take it as income.I think only your CPA can give you the best advice, because he knows what your income is and what tax bracket you are in, what your other income is, and what your expenses are.Is this property not in the LLC?

This product is no income no doc and underwritten purely on the rent schedule of the property .

Duplex tenants are younger/lower income than sfh, so likely worse than my tenants.  

The good thing about Jacksonville, FL is that Florida does not have a state income tax.Georgia does have a state income tax.The one important thing to recognize about Georgia is that they don't recognize bonus depreciation.