I just graduated from Cornell University with a degree in Chemical Engineering, and I will be working as an Associate Consultant at Bain & Company while I am here in Chicago.Most recently I am reading Craig Curelop’s The House-Hacking Strategy and I would like to get an owner-occupied FHA loan for a small multi-family home somewhere in the Lakeview area of Chicago.

**I do not believe NC considers a non-functioning air conditioner as a property being inhabitable (please consult a lawyer and North Carolina tenant-landlord laws.) 

So perhaps an actual tax pro will chime in with better advise (or consult yours for the best advice since they're likely more familiar with your specific tax situation).

The LLC is then dissolved after the property is sold.I hope this helps for general information, but please consult your tax accountant, because it depends on your personal situation and State.

And it would probably be cheaper than one attorney consultation :)

Tax filing wouldn't be a nightmare if your accounting is clean and well-maintained, but that is something to consult with a CPA.Some of my clients have 1 parent LLC and owning 10+ LLCs and it will just go through the Parents as consolidated financial statements to present to the auditors/CPAs when doing the tax returns.But discuss with an attorney and CPA on structuring the LLC.

It would do you good to just have a consult with the lawyer I mentioned.

Not saying that this is legal or ethical, consult your lawyer.Opinion Steven Hamilton II ?

I would consult with an attorney who is well versed in securities law as it relates to real estate investments.

Jon is right in that you need to consult with an RE attorney regarding eviction and noticing.