Setting up company that buys apt. Buildings. Need help

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Hi guys,

I tried to look for an answer through the search but could not find one.

Here is the scenario.

We are family members.

We have a total combined equity of 100K

We are looking to buy Apt buildings 20 or more units per Apt complex.

2 of the members have excellent credit
1 of the members has poor credit but good equity( which we may need to use for down payment).

How do I set up a company in order to protect everyone?

Can you buy Apt buildings as a company?

Please help.

I already found some buildings with good positive cashflow and a good price compared to the 10X NOI rule, That range in price from 750K to 1.5M

But I think it is very importmant to start this on the right way in order to prevent problems in the future.

Thank you