As you probably noticed, there are several opinions on the LLC thing, all have their strengths and weaknesses.

They need investor cash and have started taking that in but a lot more is needed before they are back to strength.

It is more likely they will have more options and have a better understanding of the policies strengths and weaknesses for your situation.

Do you have the foreclosure experience and the financial strength to battle this family if they stop making payments?

Make a list of your strengths and weaknesses... be brutally honest with yourself.Get on every wholesalers list you can.Get plugged in to your local real estate investment club.

@Jon Klaus - It's 1980 :)A little different from a rotten pig...strength through numbers.

For those 5-6 unit properties stuck in the no-man's land - too many units to be residential, but not worth enough to interest the commercial boyz & grrls, RBC and {perhaps} TD will underwrite them as residential properties.Now, once in the commercial space a deal may qualify for CMHC insurance which has a hefty price tag, but would allow you to have a downpayment as low as 10-15% (pending the strength of the deal and whether the vendor will carry-back).

Just don't want to overlook something so important just because it is not a strength of mine. 

My relationship is with the mortgage broker, not the institution per se, but its also dependent on my personal info (FICO, income, strength of job, etc..) which is why they would be able to do it.

The issue with combining both the operations side and the accounting side is that none of them can do both of them well - I have been spending some time looking at the trials and they seem to have strengths in one over the other.