@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

What do you recommend for me? 

@Christopher Leet, I can recommend an excellent realtor who works with investors and is an investor. 

Our kids are really young, we would like to put the LLCs in a trust to avoid probate, what do you guys recommend?

I’d recommend something like the tenant is responsible for the first $500, $750, or whatever in repairs for each occurrence.

What would you recommend?

I would not recommend that.

Any recommendation?

Fannie mae allows you to transfer your loan into an LLC, but it is recommended that you speak to your loan servicer and ask that if they themselves will allow you to do so.

I highly recommend them to handle all the business structuring.