They have nothing to lose, its like giving someone a free ticket to the football game, if they go great if they do not who cares they just do not go and there is no consequences for them. 

Every license comes with its own responsibilities, fees, and obligations—like insurance, NAR dues, and other costs—so it’s important to think carefully about your goals before jumping in.I have to respectfully disagree with Erik.

If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.

And if you’re wondering, I am not a Covid syndicator and didn’t pay a dime to anyone either.

2) I haven't yet reached out local banks, but seeing the quotes from brokers makes me wondering if Banks may be better? 

Plus, the unit ends up being 2X the cost, with tenants destroying the units.With section 8, you want to find tenants will be there for a long time and take care of the units...

Because the cost of roofs, ac units, water heaters and so on don’t care if you collect $600/mo in rent or $3,000/mo.  

They can take care of a lot of the monotonous tasks, and even do things like send leases, screen tenants, add rent charges, pay utility bills, the list goes on. 

As for demand - you’ll need to research that carefully on your own, don’t take one or two people’s word if anyone even comments on that specifically.

This could lead to a huge tax bill and penalties.Think carefully before you do this.