Plus, I like the privacy afforded by placing the LLC's name between me and my tenants.Waiting to get more properties before forming an LLC accomplishes what?

Actually, the best way, IMO, is to hold title in a land trust, with you (or your LLC) as a beneficiary.An LLC gives you liability protection, but no privacy in terms of ownership.A land trust gives you privacy.So, a land trust with a 3rd party trustee and an LLC as the beneficiary gives one an extra degree of privacy along with protection.

not only do you lose privacy (the reason for the trust most likely), but you also pay to do this each time..also, it's circumventing the bank's rules, which probably isn't the right way to create a relationship with a bank

Some people would with the apartment due to the amenities and some would go for the privacy.

I have not checked that submarket out as I have been focussing on 3 of them up here in the north and since I am new to the area I am trying to keep a narrow focus.

At the beginning of a project, my project manager shoots me an email with all the finishing materials; it might look like this:- 1 Exterior Door (36" RH)- 5 Interior Doors (32" LH)- 2 Flush Mount Fan/Lights- 1 Large Fan/Light w/Downrod- 2 Basic Fan/Lights- 8 Privacy Locks, 7 Passage Locks- 4 Bathroom Sinks (19"), 1 Kitchen Sink- 4 Bath Faucets, 1 Kitchen Faucet- Set of Appliances (w/Gas Range)- Etc...I'll bring up my spreadsheet, put a quantity next to each item, fax it to my guy at HD straight from my computer, and he'll generally call me the next day with a bid price generally about 14-16% off retail).

A neighbor had an addition built and put a driveway to the rear of their property and there was a privacy fence.

If the tenant was a respondent in a family law case or something, is asking about it a violation of privacy laws?

I think now I realize I don't know everything about real estate, but I accept it as a learning process and I am not afraid about posting something here.Another partial reason was the privacy concern, but then I realized people disclose a lot more on facebook and other social media outlets and there's nothing to be afraid of.I would be interested to hear what other people have to say about this.

Use to be, and maybe still, corner lots were marketed as a big plus, for the reasons mentioned but also as they add more privacy when the traffic dies down (especially when there really is no real traffic) as there were only neighbors on one side and to the back to get along with.