The home is also next to a major road in Michigan that leads to local malls, major businesses, restaurants, and other popular cities around the area.

There are accountants out there insist that as long as it is a business like arms length transaction that it can be done. 

I am interested in following precedents that could affect my business.

What is your business plan as that will determine if you even need a LLC

Even though you are going to be the majority owner, remember that things can get a little wonky in business, and make no mistake, if you have 3 other "partners" in this deal, it is bound to happen at some point.

He makes his money by offering his own versions of technology and services that will help you streamline and grow your business.

@Ryan Espinosa Most CPAs are going to be busy next month or two with the tax season - this being one of the most challenging seasons - which is probably why you are having a bit of hard time.

Why don’t you become a business broker?

The negatives:Unfortunately, outside of Acquisitions and rehabs, the management, tenant placement, and collections side of the business is terrible.

I find that many people don’t want to rent for 7 nights (other town’s regulations) in the winter when they are traveling for a wedding, business, visiting family, etc., so it outperforms in the off season because of the lack of decent hotels in the area.