Having legal documents, contracts, and a network of professionals at your fingertips eases a whole lot of stress that comes with clinching deals in this industry.And I can’t talk about Pace without mentioning the ethical backbone he instills in us.

You could then create a series LLC with each property held in child LLCs under a parent LLC.

@Gagandeep SinghYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city.

Any other details/calculations on this would be appreciated.Like many my home sticker price is up, and I'd like to tap the equity to make a series of high yielding, diversified investments.

That said, if the property you're attempting to finance is materially larger than the properties you currently operate (IE - you're trying to finance a 30 unit building, but have only operated a series of 4-plexes to date), then sometimes this rule gets thrown out the window and you'll still be subject to the "Limited Multifamily Experience Sponsor" re-sizing parameters. 

After a series of phone calls and emails, Veterans in Parking subsequently offered me a seat on their board of directors; which I accepted. 

You do not need a separate LLC for each property or a series LLC!

You do not need a separate LLC for each property or a series LLC!

That was a great project that forced us to spend and make a series of decisions both together and individually.

Then, they double down on winners in Series A, B, etc.