Combining separately owned properties into LLC?

[Matt Eade]

Hello, question... Is it possible to have an LLC partnership (my sister and I) that has a mix of property ownership? We would be co-owners of a 12 unit apt house and each receive a SFH separately through our father's will (currently in probate). There are 4 other siblings to pay off over five years. The idea is for my sister and I to combine all three properties revenue, risk and maintenance in one LLC and pool the money to buy out the siblings AND keep separate deed/titles to our individual properties to do with as we wish after the 5 year buyout.