@Jill KellerI personally owned and managed several rental properties, mainly one family, 3-families and been advised by a number of attorneys through the years to forget doing LLC's.

@Denise Brown-Puryear I am biased as I co-own BIFI Loan Servicing.

Since I didn't have my own listings, I offered to other agent's to sit their open house.

But for some, including myself when we bought in 2015, breaking even or even losing a little each month was okay in order to own a property in Hawaii that we could also use ourselves.- Does the condo have an existing STVR permit or will you need to apply for it?

But to do it alone, on own capital alone......

Together, you can take down a deal that might’ve been out of reach on your own.

Created false settlement statements ( criminal of course) so these folks thought they owned the property when in fact I owned them. 

Each potential buyer has come to their own conclusion that it would be too much hassle and risk to manage in this fashion vs a traditional rental even though the average cap rate in our area has been half that at best.

This particular lot is next to a 15 unit and a 7 unit property I own. 

Pretty much every small business other than some obscure ones that are excluded (see below) If you have 12 Single Member LLCs that own your rental properties.