I am asking people to share what entity they started with, and if their end goals effects thar choose of it it grew into a different entity 

Alternatively, if we choose not make the monthly payments, how do we proactively ensure our loan is not reported as delinquent since we do not own the home any more?

@Jon Schwartz I would agree it is worth it, problem is I can’t find a reputable lawyer to take my money

Before you know it all the offers will start hit your mailbox constantly. haha You can choose one of those and maybe get a few hundred dollars if you spend so much in x amount of time, but personally, I have always set up all my llc's through local credit union, because they usually offer free business checking and you can actually talk to someone in person in case you ever have questions.

When you have an actual deal/property you can ask for their offers and pick the lender that offers best terms, is easier to work with and has a good reputation.

My firm won't, for example.Your question about recordkeeping is for the tax person that you will choose.

Also, I would say honest direct conversation about where you were going with the property will help the long term tenants understand what the future looks like.By the way, why did you choose Ohio as opposed to investing locally in Colorado Springs?

To be honest the easiest and most accurate way to know every time is to do an application with a reputable bank/lender. 

Many great communities here to choose to purchase a property for buy and hold strategy. 

Just curious if the rent cap (5% + local CPI%) applies here when the lease is expired soon, where the tenants does not have a M2M option, and they choose to stay another year for renewal as usual?