They usually say something like Pkg 5-dfw 28 llc, with 10-20 properties in each LLC.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

@Shannon Vistisen I would say this, unless you know everything that is tied to that entity, buy the property alone.

Turning the property quickly (you have to run it like an F1 pit crew)4.

Both properties are in A areas with great tenants. 

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

My plan is to mainly focus on cash flowing properties that make the 2% rule. 

You do not need separate checking accounts for each property if the ownership is the same.

I have two 4-unit properties in RI.