I have seen it multiple times. 

The entity you select can impact everything from how you're taxed to how you protect your personal assets.LLCs are often the go-to for real estate investors because of their simplicity and flexibility.

If there are multiple offers waiving that would help but most homes on the market are not flying off the shelves.

@Lolo Druffif you're really thinking about buying there then I would recommend going there in person, potentially multiple times, and building a network. 

They can guide you on tax advantages, asset protection, and multi-state strategies.A HELOC is a smart way to leverage your equity—ensure your financing structure aligns with your long-term goals.Since you plan to add multiple properties annually, consider setting up bookkeeping and financial tracking systems early to streamline your operations.Best of luck with your BRRRR journey—it sounds like you’re off to a strong start!

I have a do use multiple tools for PM management.

Quote from @Sunil Kale:I have multiple grounds for eviction (many late payments, many HOA violations etc.)Please get some education on how to manage a property or hire a property manager.  

Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value. 

I’ve tried to do a retreat of A-frames in the mountains but ran into land/engineering issues, multiple times. 

Do you want to get into what can be a years long battle with multiple parties, including our darling city council, until you get to move into your home the way you want it?