But, here’s a situation in which having my properties in SEPARATE series of an LLC saved me enormous time, aggravation and money.in 2012 I purchased 5 individual high rise condos in different buildings in Phoenix, AZ.  

It's important to understand that every investor comes from a different financial situation and as a different risk tolerance.

Also, I have dealt with 6+ Chicago evictions in one building lolI have learned that if I take all these rough experiences as a badge of honor and share them like you are, each one only makes me more equipped to be a better investor.The education & experience received in 1.5 years takes some investors 10 years! 

Might be able to recoup with a different investment or location  Just spit ballin.

Very different terms than what your friend is seeking but more aligned with what your friend can offer the transaction from an investor's perspective. 

Also depends on if you have strata/condo fees or HOA.The cash flow on my places are all over the place and yet I'm fine with all of the rentals for different reasons. 

@Roni Williams how is this different from a lot of agents that sell an investor a property and refer them to a PMC?

That first deal always hits different—it’s not just a property, it’s proof you’re making moves.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Lawyers like doctors specialize in different areas of practice.