In my case, I don't use an LLC for my real estate holdings. but use an LLC for an active business, an S Corp. with a DBA for 2 different businesses, and a C Corp, since closed, for real estate management.In my view, closing one and opening another would involve paperwork and fees, but keep your accounting much cleaner, as you probably agree.

@Michael Greenberg A fellow host in St Augustine does what is probably the most cost-effective way to get repeat guests by simply collecting contact information from guests and with their permission, sends periodic communication and specials.

I know you probably learned it from some guru, but it's totally unnecessary.As for having access.

Properties in LA probably have a lot of potential for appreciation and maybe only cash flow a little bit whereas some properties out of state could cash flow a lot but never see any appreciation.

In our unit walkthrough we determined that all the unit panels are Zinsco's, probably original to the property (built in 1968).

... its probably a rat, I know, but I want to know if the offer I have received is legally possible.I want to sell a property to a tenant, but he doesn't have much for a down payment.

Sounds like in Hindsight she probably needed a structural engineer to inspect this prior to buying.. a full home inspection may have caught it but if the beams were not exposed they may have missed that as well.WE have at least in markets with very rigid inspections BEEN WHERE SHE IS .. 

The key is to find one that works with investors.Clearly you should probably educAte yourself more

Not sure if you can increase the rent, but this is probably a good thing.

There are multiple RE agents in Huntsville that can probably help you.