Is this a separate private unit, anything shared?

@Kevin SobiloDepreciation is not something separate that "disappears." 

One note, flood is always a separate policy from your primary property insurance.

.### Option 1: Single Loan Per Property- **Pros**: Each property's loan is separate, so if one property has issues, it won't affect the others.

@Yaumari Gonzalez your #1 challenge will be retraining your brain on how to make offers on rentals.Owner-occupied transactions are mostly EMOTIONAL based transactions.Investment property transactions should only be BUSINESS transactions - no emotions!

TP gets paid a salary for managing all the deals (each a separate entity generating k-1s) and also has the opportunity to be a partner in the deals.

We plan to personally lease the unit to a newly created LLC and run direct expenses through a separate bank account in the LLC name. 

One of the hardest part of the MTR strategy is dealing with the emotional roller coaster that exists when a listing is about to open up again. 

I believe it’s important to address these two items separately: First, there  are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.

I appreciate the advice, because of the low availability in this area for multifamily homes with separate units, I thought room rentals could be a solution.