@Brian J Cook, I have difficulty with your "at the same time" comment.

Additionally, if the borrower faces financial difficulties, they’re more likely to prioritize payments on the first mortgage to avoid foreclosure, which could lead to missed payments on the second loan.

I found one after some difficulties and we’ve spent about 20 hours getting my last years books done and this years books done to date.

This can cause difficulties and delays in securing financing from lenders that don’t understand the issues involved, as well as problems obtaining licenses and permits from governmental entities that are unused to dealing with the series LLC structure.

Investing out-of-state is tough and finding a strong PM in these cheaper markets is equally difficult. I

Not difficult is you have a deal and are competent.

She has already proven herself difficult.  I

The difficulty here is that conventional lenders will not allow you to purchase a primary residence as a LLC, so that strategy usually only works when you purchase investment properties

Wholesalers can be a great resource as they will take the leg work out finding the properties for you, but assigning contracts can come with difficulties in the title.

I have never had big difficulty getting a permit opened.