However, we don't know the names of any of these firms or companies, and before we delve into this we would like to gain some feedback or personal recommendations from those who have.  

Personally, I may do something before then with a similar capital gains objective but with a longer hold and only in a few very narrow geographies.  

If they have kids now you really don’t want to be the person that said no and then one gets hurt.

Whatever time you spend learning the pros and cons, and getting professional advice before you make your offer to buy them will be money and time well spent.Good luck on your journey!

They said you can buy even single family home with a commercial loanThey don’t look at personal income.  

It’s good the person is alive and well. 

Personally I would not put all my eggs in one basket, especially if I "fell into this position"

I personally use a service for all my LLCs I use a company called Prime Corporate services and have a holding company with all my LLCS under them.

I am very excited and committed to start this journey.  

Overall, he seems to want to do a basic cost seg for me on the FF&E and Capital Improvements and leave the original basis of the property on the conventional depreciation schedule.I would love some feedback, personal experience, thoughts on this matter.