Miguelli - When I first got serious about RE investing it was about 2005 and the market looked a lot like it does today; prices were very high and cash flow was very low.

The houses I would buy are around 100k - 150k and I know the study has its own cost associated with it as well, I just would like to hear the input from the BP community

is this there first deal, how many other properties like this have they managed? 

Each LLC can have a separate agreement, but the IRS will scrutinize this, so keep everything above board to avoid issues.Tax Implications: This arrangement could allow you to shift income and claim home office deductions, but it needs to be done carefully to avoid triggering any red flags with the IRS.Renting a Car to Your LLCs:Renting your car to your LLCs can also offer some tax benefits, such as shifting income and potentially deducting expenses like mileage and depreciation.

I checked out your profile and it looks like you do some really cool things in the area

I turn this off because I do not like getting random phone calls about my listings.

The trenchless repair seems like a great solution and it’s cheaper, however, I don’t know the pros/cons of both. 

Emergency Fund (5-10% of Income)Rule of Thumb: Set aside 5-10% of your income for an emergency fund.Why: This fund should cover unforeseen expenses like major repairs or vacancies.

Yes, properties placed in a trust would also receive a step-up in basis when you pass away, just like properties in an LLC.

Although it's expensive, it effectively keeps us top of mind with our sellers and buyers, providing features like email open rate tracking and call recording.