It may lend you a little privacy, but folks who want to find you will just look up who created the LLC and then find you.That being said, in MO, they are incredibly easy to set up, and are not that expensive to establish (~$50 last I checked, although that may have gone up) and doesn't require any input from an attorney or tax professional (in my state)Personally, I have an LLC bc I pay myself through an S-Corporation as a realtor...the savings come out in the wash, but it allows me to pay taxes quarterly and avoid end of the year surprises.Another reason you may need an LLC is if you are investing with partners, and/or seeking certain loan types ( I know hard money lenders often require an LLC)Once again, this isn't my wheelhouse, so at the end of the day, I would reach out to a tax professional to learn moreLong answer short: in my opinion, you do not need an LLC if your plan only involves renting out your inherited home

@Andy L.You could get an investment loan or private money loans against that other asset.

Hey @Erik Reis, I would start with savvy lender who can tell you more about the new 3.5% for multifamily.

I use the same scenario, it costs a lender the same amount of power and time to service and close a 7M loan as it does a 75,000.

And that would not be covered with normal lenders.  

A $20-30K private loan from a family member may be an option if needed.

If you can find them on Facebook, send them a private FB message that says the same thing.Put a battery-operated deer camera in an inconspicuous place at the end of Day 10, so you can have proof if they come back. 

The more details you can provide a lender, the better since, on these bridge projects, we use your scope of work and materials to assist with determining the ARV of the project.

This includes a reliable real estate agent who uncovers good deals and connects you with experienced property managers, contractors, and lenders, ensuring a smooth experience.

@Ell Jay LindseyWe run a debt fund buying loans and others are doing private lending.