This may be easy enough for most states and their relatively simple tax regimes, but states like California, New York, Texas, Pennsylvania, and a few others have some quirks to them.For example, California makes disregarded single-member LLCs file a tax return, pay an LLC tax four months into the tax year, and potentially pay an LLC fee six months into the tax year based on estimated gross receipts.  

However, the field of potential MTR guests is so much broader than just travel nurses alone.

They are good at what they do but interest rates have been scaring off potential buyers.

Your choice: Listen to the agent selling it to you and reaping the potentially large comission or listen to someone who knows the tricks and secrets and then go buy it from whomever you want.

The reason I bring this up is that changing from a single member LLC to a trust with both you and your Husband could potentially reset your 2 year holding period requirements if you wish to 1031 exchange again in the future. 

It is not a get rich quick scheme or anything, but it does allow you to start getting debt pay down, depreciation, appreciation and potentially cash flow when you move out.

SO the property i am potentially buying i know how to do most of the work like drywall, flooring, bathroom. 

DSCR loans for refinance based on the income potential of the rentals.

We have thousands of years of sound, practical advice that has proven to work.

Just curious what standard practice was among others.