As for your specific question about setting up your LLC to pay yourself, it most likely will not make a difference if you do not elect your LLC to be treated as a S-Corp.

@christine @Christine Mwai if the cat peed on the carpet, year out carpet and treat concrete before laying down anymore flooring.

What you will want to do is treat it as paid in capital.

I've purchased 2 houses that were treated before I purchased them.

Multiple units, and multiple things go wrong, damage security deposit is still the best way to protect the unit you are permitting them to live in.It's your asset you can do what you want but if they have no reason to treat their apartment other than like a disposable what can you expect when they leave. 

That 1/2 basically will be treated as a second home for you - not an investment/rental property.

I drink my Americanos with a shot of white chocolate.

We're on a minimum six month time restriction per the trust, thus wont be placing it on the market until after that time period has expired.If I understand you correctly, each 1031 is treated as a separate transaction.  

Keep in mind that single family homes and duplexes loans are treated like personal loans, they look at the person not the entity.  

Portland has treated us well since our move several years ago.