3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct?  

Yes, there are liability protections in an LLC and if done correctly, can help protect you in the case of litigation.

I don't invest right in the city but I do invest south of there so if you end up looking at places there feel free to reach out if I can offer any insight.Jeremy is very correct - zip codes won't give you a good idea of price. 

I'd keep the property if those numbers are correct.

If you put money into a MF property, you'll likely recover a multiple of it if done correctly. 

There are online platforms like Rentable.com that will handle opening the correct accounts / all compliance tasks related to managing deposits 

So whichever way the law allows is the correct way.

Also, an LLC only offers you protection if you use it correctly!

With this in mind, if you intend to leverage short-term debt (hard money), it's even more vital that your underwriting is thorough and that you have the correct systems in place to tackle potential issues.

So correct me where I am wrong.