LLC Structuring for Multiple Partners

[Matthew Greaves]

A few colleagues and I are in the early stages of taking the leap into small apartment investing. Our intention is to grow this business as we gain experience in this sector of real estate. In terms of structuring, an issue that has come up is how do we handle the transition from holding one property to holding several, especially if the members of this business have varying levels of capital to contribute at different times. Is it possible to form a series LLC among the partners with each subsidiary LLC housing an individual property with equity distributed differently per deal OR would it make more sense to simply establish individual LLCs for each property without attempting a series LLC?

We intend to hire a local lawyer for finalizing our structure but would appreciate any guidance or feedback this community can provide so that we can speak intelligently on this topic.  Thank you in advance for your help!