What benefit does this provide them?

My instinct tells me yes if I can find quality properties at my price point, but that there could be some benefit to putting it all on one potentially more reliable/higher quality structure. 

On the Reno side there are still all the tax benefits with ranchettes with views of the city.

@George Bell The DSCR loans I researched did not allow prepayment of the loan, there was a massive penalty that would have offset the benefits.

A turn-key purchase is typically an easier and less risky strategy , but the benefits are less than buying a flip / brrr. 

I'd advise you to pick a service that partners with the Campaign Registry to let you register a phone number in order to comply with TCPA and benefit from optimal deliverability.

I would make sure to connect with an investor friendly accountant to understand the tax benefits you may be able to pursue. 

You might benefit from that.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

As I see it, consolidating all of our assets under a single holding company offers numerous benefits, including tax advantages, better lending oppurtites, and possibly more liability protection.