That is the first big mistake all these gurus teach you.You are not looking for "distressed properties."

When I looked at Proper Insurance (their rates were extremely high), by eliminating the wind coverage they said I would not get loss of income if it was related to wind.  

Having each rental property in it's own LLC eliminates that risk and each property will stand alone and not be put at risk by another property that is not performing. 

It is the only way to eliminate some costs without flat out giving away money to make things affordable. 

I definitely don't want to make a mistake on bad/incomplete data.

Outlets/switches may need to be moved or can possibly be eliminated. 

Seeking a mentor can speed up learning and reduce mistakes.

The WORST solution is an unqualified attorney, because their mistakes makes whatever they come up with INFERIOR to an “off the shelf” solution.In between the two we have a good off the shelf product by a reputable vendor.  

They come to realize  fractional ownership in a semi-active project with far less control is not as advantageous and eliminates the ability to build the more personal and meaningful relationships with lenders that comes with going through the more natural progression of growing a portfolio and business. 

We're just regular people doing the best we can, and we sometimes make mistakes.3.