Buying another 30+ units (7 seperate properties all in PA) and I’m going to split them up into 3 additional LLCs but wanted to add an additional structure on top of those 4 and make the 3 new ones SMLLC owned by a Wyoming LP.  

This could be structured as equity or a preferred return to your partners.5.

The heirs can choose to hold their shares and receive dividends or sell them.Passive: Allows investors to trade an actively managed real estate asset for a passive investment in an Operating Company that is typically run by an institutional asset management firm.Consistent Income: Operating Partnerships can issue dividends or distributions so that the investor has cash flow.Portfolio Diversification: Enables the investor to achieve diversification across geography, industry, tenant and asset class in an Operating Partnership structure.

Plus, with fewer building structures to upkeep compared to apartment complexes, your repair expenses remain relatively low.Mobile home parks also have the potential for high returns.

You should work with a CPA or tax professional that can help you with structuring your business properly first. 

You hit the nail on the head in your third sentence!

They're both conventional loans; similar loan term lengths.1) Any ideas on how I would structure this?

This approach allows me to structure deals that benefit all parties involved and unlock unique opportunities in the market.I'm eager to connect with fellow investors, share insights, and explore new opportunities together.

Hi y'all- I'm getting my legal structures & privacy in place and own an STR in NC.   

My assumption was that if, let's say, the structure burnt down, the property's insurance would then pay me out FIRST as the lender and NOT issue a check in both the Lender's and Property Owner's name.