I’m seeing this as a temporary downturn and a strong sign that I can’t afford to not be prepared for hard times.

BP is full of great content, so I strongly recommend you to have a look at the following resources: 1.

Turnover cost (cleaning and repairs, but also typically 1-2 weeks of turnover time with no rent -  it’s possible but very rare that you can turn over in just a day or two, even in a strong rental market), then there will be service calls/repairs/appliances replacement and maintenance, flooring, painting, etc.  

A coffee shop has opened, maybe a new hip restaurant, then you are on the precipice of a likely strong turn around and could get in for cheap. 

But look like the MLS is not helping to emphasis the OF Win-Win situation.I was assuming that OF option in a nice area will bring buyer from distance...

@Jason Albasha the rents are strong for this property, so in that respect it cash flows (If that’s what you meant by self sufficient) I agree regarding the third unit.

Allowing me to save 5k in gas and using it to fund cryptocurrency which allowed me to buy bitcoin at 3k and heading to 9k strong!

BP is full of great content, so I strongly recommend you to have a look at the following resources: 1.

I personally think a series LLC is excessive but it’s all about how risk tolerant you are.Also having a llc for a property management company might just complicate things unless you have a decent size portfolio and are charging overhead and profit on repairs.As far as taking distributions, whether you take a distribution from one LLC or the other shouldn’t matter, but I’m an accountant so it’s easy for me to track.That said, from my understanding having a series llc like that really puts an emphasis on separate financial statements which it may be easier to structure distributions from one entity if you don’t have an accounting background.Either way, taxes don’t sound fun lol.

He gives the strong impression that he wants to teach someone what he knows, and says he'll see if anything in this deal could work out for me.I'm an engineer, so I'm prone to analysis paralysis.