I’ve heard so many inspiring stories about members who started with nothing and now own multiple properties by taking a chance.

My belief is that you will be challenged to realize a 10% savings loan n your first effort and there is some chance it will cost more than if you used a GC.  

Also, rezoning from RS-3 to RM4.5 is like a .0001% chance and depending on your ward some alderman refuse to consider spot zoning no matter what

I will definitely take you up on the chance to chat more in the future.

If Ohio is like most states, this is a complicated task, not best left to chance. 

You are only adding complications and costs with the LLC with no upside  This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance. 

After building a portfolio of fully renovated homes I wanted to give this model a chance.

That's why investors want to see off market deals, at least there's a chance of getting it for less than fair market value.

Being that rates are up it's another way to offer exatly what you mentioned; the chance to own for a couple hundred bucks more than renting.Thoughts?

This gives you the chance to do any work needed and/or stabilize the multifamily so you can get optimal terms for your perm financing.