One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Then scrubbing followed by rinsing with clean warm water.Killz Original took care of what the TSP did not and the smoke smell is 90% gone.

I don't know of a market where those rents would attract even low income working folks.I would not be a buyer.If I was the manager or the maintenance guy I'd want a Rottweiler with one of those collars with all the spikes and I'd open carry.

You will need to check with your banks to see if they will allow the seller to carry a 2nd position mortgage.

You'll have carrying costs while you renovate, attorney fees and dealing with the city for a zoning variance. 

I don't bat an eye when I see someone open carrying, it's normal. 

We can turn the house over to new tenants usually with just a good scrubbing.  

This is great to acquire the property, but there doesn't seem to be many banks to refinance into once the seller carry-back balloon occurs.  

While I love @Jim K. suggestion of Yard Kitten lying to the tenant about this could carry some liability. 

Most of my properties are in Georgia and termites have carried away parts of several of our houses.