So only thing I see happening is you creating paperwork for the sake of paperwork. also, when you occupy a rental unit, it becomes your primary residence and you no longer can claim normal rental property deductions on the unit for the days in the year the property is not in service as a rental property.

This is dumb if you think about it in depth.... you're creating a LLC to reduce risk right?

How binding is a standard P&S; can they be compelled to move?

I've always used Homestyler.com, which is a web-based design software that can be used to create basic floor plans for your contractors.

I feel that creating the same relationship with contractors is beneficial as well.  

Refer them to your mortgage person, make sure they pay the $40 to $50 cost for the report in advance and ask the lender to create the "Consumer Copy" report and sent to the applicants.   

Also open to working with a team.But wait, there’s more…After seeing fellow colleagues and clients create passive income with rental properties, I am convinced and excited to create passive income someday.

Without a compelling reason to buy, I would be concerned that rising interest rates would curb any anticipated appreciation.https://www.google.com/search?

It can create a toxic environment for the other tenants in the building as well. 

I inherited my duplex from my mother and want to create something good for myself with her legacy.