LLC tax deductions and property management

[Michael Rodriguez]

I am looking tonopen a sober house in the Long Island area. I will be opening an LLC to limit liability, knowing full well the tax implications are identical for LLC vs. personal ownership in buy and hold situations. My questions are as follows: 1) I'd like a friend of mine to run the house, filling it with tenants and maintaining the day to day activities. If i pay him as a 1099 employee of the LLC for property management, can I deduct this off of the LLC income tax at the end of the year? 2) Can the interest of the mortgage and repairs/ depreciation be deducted in LLC ownership? 3) Are LLC properties able to be purchased with FHA or low down payment (5% or less) conventional loans? Thanks in advance for any and all assistance! -Mike