For your other questions:1 LLC per property often owned by a trust for estate planning purposesTrust/LLC won't affect your ability to get capital.

Meanwhile, Partner A’s Spouse is willing to transfer their 50% share to the Children but wants to retain a steady monthly income from the rental properties.Key Facts:Each rental unit currently generates $550/month, but market rates suggest it could be raised to $850/month.The Children will buy Partner B’s 50% interest using a bank loan at 7% interest.After the purchase, the Children plan to pay a minimum of $1,500/month toward the loan while holding excess cash in a reserve account.There are 3 properties.

I do have an info session scheduled several times this week via Eventbrite registration daily thru Thursday of this week and next week, however moved the 8:30PM ET to 6PM the week of March 10th.Hi!

Likewise, a payment plan may also be a fantasy.

3) Room locations – Privacy for bedrooms, open flow for living spaces, and logical transitions.A plan might look great on paper, but if it’s expensive to build or has awkward room placements, it’s not worth it.What’s the biggest priority for you when picking a plan? 

Even though she has kept the property in good condition, the core issue remains: a tenant who consistently pays late is not ideal for your long-term goals as an investor.In this situation, I would recommend sticking to your original plan and sending a formal notice of non-renewal.

Quote from @Jared Rice: My wife and I are aspiring first-time investors currently doing everything we can to educate ourselves and plan for our first property.

If you are a homebuyer, what are your plans for 2025?

Quote from @Matt Mertz: @Collin Hays Thank you... this is interesting info.What have you found are the major differences in daily operations between the small vs large cabins? 

After visiting the property, we realized we indirectly knew the sellers—a husband and wife who had originally planned to build there.The husband put significant work into the land, saving money by doing the development himself.