However, having separate LLC for each property seems like it would create an excessive amount of administrative duties and costs since each LLC requires various filings depending on the state of incorporation etc.

Rental rates are coming down due to some excess inventory.

European builders have been using industrial hemp in residential and commercial construction projects for 30 years.

Anytime the account is above 30k, we consider the excess as discretionary cash.

S Corps and Partnerships distribute "distributions" which generally speaking aren't taxable as long as the partner/member/shareholder has tax basis in excess of the distribution.The tax on Box 1 ordinary business income can't be deferred via IRC Sec 1400Z-2.

So that means you have 250k in excess.

It seems excessive.  

My estimate is, even with my underwriting, cash flow in excess of $2k.

As long as the job market and economy is stable, the fed will continue to keep rates elevated and liquidate their huge balance sheet (from excessive government stimulus) for as long as they can.

That's my definition of "good" and they are challenging to find in my market and for the class of housing that I seek for my rentals - probably less than 10% of listings I see in my market have a cap rate in excess of 8.