Who do you use for individual SFH policies or commercial policy that could write a portfolio policy? 

This is ideal.

You need to expect some years where the numbers won't be ideal until the asset stabilizes.

He was overwhelmed at first with all the "insider" stuff: the 1031 exchanges, cash-on-cash returns, and figuring out what an ideal cap rate is, especially in a hot market like Dallas.

Right now we have it where the agreements shows she's the landlord of her property and I'm the landlord of mine but wondering if there was a way to make it under one individual as the landlord?

I have always heard of the danger of a dual agent situation and understand why it's not ideal.

Walker,Since you would be renting the building to a Business (or Non-Profit) as apposed to individual renters I would check with your agent to make sure the current coverage will allow that use.  

Since each of your LLCs owns 50% of the holding company, but the holding company doesn’t own your individual LLCs, the IRS will likely treat your LLCs as separate, single-member LLCs for tax purposes.

I wonder if it was because it was under an individual and not a business.

You would ideally want to buy in the downmarket for below market price (around this time of the year since its more of a buyers market) and then sell in spring when values are going to be increased and also have a sellers market (you could sell for above market price).