We now have 22 occupied properties, 7 newly remodeled ready to rent, and 6 more we are renovating now.   

They have gone through great length to create and offer this new tax incentive so I see no reason why not to trust it and the procedure for applying does not seem to be overly complicated or burdensome.My understanding is that the tax is for the creation of new rental units on the market not for existing rental units so the tax holiday is not for existing units but for newly created units such as would be the case for additions and new construction.

I was convinced, so I reached out to a realtor, took a look at a newly listed duplex, made an offer, and went under contract that same week. 30 days later, I was a home owner. 

The problem that you face is if your LLC is newly established the financing will be almost impossible to get if you are seeking a loan for the new LLC.  

Medlock II and newly minted BP member, gave an awesome talk on how he rehabbed and rented out a $9,000 house in Jacksonville, Florida, complete with pictures of the entire process. 

I know the latter is much more involved an more expensive, but when it comes to selling, could the newly built couse be more financially rewarding in the long run?

I'm a newly Licensed Agent in Texas looking to meet potential sponsoring brokers.

In this case you will be a newly remodeled building and up to current code, which has more value than a similar property not renovated.  

Often they are newly constructed and overpriced.

I purchased my first SFR in 2014 and launched a management company the same year to manage the property and a few for other investors.Now that I have finished my architecture licensing exams, (Licensed Architect 2016), I am ready to fully focus on being a Real Estate Entrepreneur.