Discuss COC return, run a financial analysis for him and a performance chart showing the ROR after multiple properties have been acquired and cashed-out... good luck.

I used the same LLC for multiple properties and only changed it when I adjusted my strategy.

Cap rates are one metric to use in these but do your underwriting based on multiple metrics, not just the one.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

The next buyer won't want a $5-10K a month loss, so they are going to buy the house at an appropriate multiple. 

They have answered your question pretty well here, but I would just be sure to track your basis very carefully when looking to doing multiple 1031 exchanges with depreciation.

Some households receive multiple filings, and not all filings result in evictions.That ranks Phoenix ahead of other big Sunbelt cities that in recent years have also seen an elevated number of eviction notices, including Houston and Las Vegas.

They come in waves from this “company,” often multiple times per day, often from sequential numbers, a wave lasting for weeks at a time.

@Andrew Frishman - here is some food for thought to get you started: https://www.biggerpockets.com/member-blogs/11782/84402-how-to-evaluate-a-sponsor Feel free to DM me with any specific questions, I have invested in multiple deals as a LP and as a GP.

So this is a very common business practice across multiple professions associated with the construction.