At a high level, this is generally the path people take - we see a lot of people have success in this route - start building the portfolio with banks, low down payments, and then **generally** when you hit around 5 or so properties - it starts to make sense to switch over to LLCs, its too hard to qualify/deal with paperwork of banks and switch towards private lenders like DSCR Loans - (LLC friendly, easier) to scale past 5 or so.

It wasn’t a detailed plumbing drawing- he had shown one line going to all units while the contractor pointed out that it is better to show individual lines to each unit as repairs and maintenance are easier. and some towns even require it . 

Friend of mine has owned a 4-unit brownstone in NYC for the last 20 years.

Litigation claims commonly arise from situations where resentment in a relationship builds or when individuals get into situations they don’t understand and don’t read and understand the documents they sign.

Can you recommend any investor friendly banks in the area for mortgage and quick refi? 

Hello Taylor,           I have been in a situation and done deals where a friend is a realtor and although I found the deal, had to go through my friend as I already worked out an arrangement. 

I have a friend who has one in Florida where he doesn't have to do any repairs or maintenance to his unit.

Hi All,Have a friend who’s mom had a stroke and has been in care for the last appx 2 years.

Friends who are heading up this project got me interested.

Shoot me a message and I'd be happy to share how we approach this situation in the state and individual cities.