Easier to find "deals" on also.Class C properties are typcially all cashflow with almost no appreciation, the last few years have been an exceptoin though.You'll also have better chance of finding a deal if you're willing to fix up an ugly property.

B/c apparently the 50k in equity is not enough, they wanted more cash.

From a tax perspective, unless you have an S or C corp, your LLC is a disregarded entity, therefore its taxes get passed to your personally.

I would say one of the biggest things I see problems with is guests coming in and clicking buttons right away.I think it is necessary to have laminated signs that tell guests how to use things like pool + spa remotes, A/C, specific lights if they are high tech (mood lights, color changing lights), and other things that a guest can get confused on and mad that it isn't working properly.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

It is in a class C area, and my minimum requirements are credit score 600+, no evictions, no smoking, renter's insurance required, and income 3x the rent.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

It is close to a municipal parking lot and I consider it to be a B- to C+ location. 

Quote from @Zackary C Dunn: What's keeping you from finding your own deals?

Because a person who can bring value, having command on (a) how to recognize a deal (b) getting a deal (c) setting up a proficient team of pro's (d) managing such deal (e) recruiting all the resources necessary (f) pivoting through the stages from acquisition, renovation, monetization (g) tenant placement.......