I totally see the HML's perspective.

Tell her her lease expired and she needs to move now and then start showing the house to perspective tenants (have a few friends pretend they are going to rent it) to add to the pressure. 

I bought it on May 31 with tenants (that are renting...)I'll be glad to get your perspective on this topic. 

Was hoping to get some perspectives on a three unit (2-2br, 1-1br) deal I'm evaluating (would be my first property).

I really do encourage the use of an LLC, and this article covers asset protection from more of a high-level perspective.

How does this work from a tax perspective?

So think of it from this perspective to determine the best fit for your case.Best!

My perspective is MF syndications. 

There is nothing even close to it from a bedroom and bathroom perspective.

The condo is not the most valuable property I own, the duplex is pretty far down the list.I'm mentioning these numbers because they're important to my perspective on this topic -- housing is often extremely cheap in my area, and the math really never works out right for renting.But even if I were in your shoes, I would live in the cheapest possible shack I could find to own if I were you, anything that would make the homeownership math work, in preference to any sort of nicer property that I would rent.