You could form a single LLC for all properties, which is easier to manage but carries shared risk, or you can create an LLC for each property, which offers better protection at the cost of more administrative work.

MTR is more of a convenience and less of an amenity play.Thats right, it’s only zoned single family.

Typically I would just run it through my name but there are areas of ohio that target out of state owners if its a single family and will send you fines and violations  for every little thing. you also should talk to your attorney and accountant on how it impacts taxes

The investor sector of the real estate agency side is different than the residential (more single family heavy) side for many reasons.

Is there a legal limit on how many rental units/tenants we could have on one single family lot?

My clients are still buying long term stabilized single tenant NNN more 10 to 15 year type stuff.I am buying with my syndication all cash short term lease blend and extend opportunities.Accredited investor 200k minimum per property for LP'sTypically pay 8 pref on value add deals and split cash flow thereafter 50/50 between LP and GP.Closed on Walgreens last month at 11 cap rate absolute NNN with 5 years primary term remaining. 

Thanks for input,Charlie@Charlie Krzysiak  It was touched on above but condo's are completely different then single family/townhomes and even 2-4 units multi family  properties.

On top of that, the prices of single family and multi-family homes could be very expensive as well. 

A solid single will build your confidence and teach you a ton.Know Your Exit Plan: Have a backup—rental, flip, or sell later.

You turned what couldve been a simple single family LTR into a big management project.Bob doesnt like when Bill opens the windows becasue he wants to use the AC.