Yes I have known it to work because the owner is not a push over, enforces policy and can make it run good......however, do you have the right personality to do this, AND if you move out can you continue to have the house run smoothly with no one in charge.  

If someone injures themselves and sues, they will be suing the LLC and not you personally.

Dumb question - but are these auctions online only, or in-person? 

Is there any benefit to visiting DoH offices in person? 

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

I personally started in my local real estate market in Columbus Ohio.

I've walked their properties in-person, and their build quality is good.

All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.

they're not magic.are you going to in-person / informal meetups? 

This person did not raise any money, they invested around $600,000 into the offering and because they were one of the larger investors were considered a Co-GP because it was a new sponsor and they needed this persons $.