Maybe...In human terms?

Now, in 2024, we're seeing $4,000 per month just on the main unit and $1,800 on the other unit of the duplex.Long story short, it's a long term play.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

In terms of scaling to three to four multi-family properties, you could really start using the equity that you do have to your advantage. 

But, if steady long term cashflow is a goal, with no management, one can always sell farm land on a low down private contract.

I think the main points would apply to you as well.STR is great, as long as you go into it with eyes wide open and reasonable expectations. 

I have done my underwriting for 2 years with zero near term appreciation. 

I have filed for eviction on one tenant that I have placed in my career, and I was able to negotiate him out long before the court date. 99% of the time, eviction should not be a driver for whether you invest. 

But as long as its not directly in the flight path, it will be okay. 

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.