Yes I understand what you are noting, and I believe on the commercial side of things they are typically not putting their names on the docs like you do for a resi loan but just brokering/underwriting it and collecting a fee as a 1099.

Hello My name is Jahniya I’m just getting started in real estate I currently have no properties in my portfolio and was looking to get started in the rental arbitrage space this year. 

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.

If she's willing, which it sounds like she is, your mother-in=law can get the line of credit with her property in her name and then you can just use the line. 

My name is Jack Pasmore, and I’m a realtor and co-owner of Redeeming Equity LLC.

When buying sub2 you get the deed in the trust name with you as trustee.

Quote from @Jamel Romans: Hi Rosemery,My name is Jamael Romans I am a multi family investor.

My name is David Burton and I live in TN!

This does not involve the utility company meaning that you will still have to go into the property, read the meters, then individually bill each tenant for their usage and understand the bill is still in your name.

Quote from @Rory Darcy: Hi guys my name is rory, pretty new to this im an out of state investor residing in new york, looking to invest in wisconsin and illinois, currently looking to build my portfolio around multi family duplexes or single family residencies, would be great to connect with like minded investors or agents who can lend a hand.Rookie investors should not invest out of state.