Being new to this, are there lenders that lend to this situation??

(wife and I)My hope in this post is to start a dialogue about exit strategy/retirement options. 

An LLC is useful for two things: anonymity and legal protection.

Is this normal cost or high?

With syndications many operators are using finance magic to juice returns, but that can result in full wipeout on the investors.

I would be very careful with this arrangement for your clients.

You have to start there because the only thing you can use is what's known.

This is the trap of low ARV properties that I was discussing in a different forum the other day.

Investment Info:Single-family residence buy & hold investment.We purchased a property that had a standing farm house already, so as we moved into it we began renovations on the adjacent Amish cabin.We finished it out and listed it as an Airbnb to much success, with less than 5k in refinishing costs.What made you interested in investing in this type of deal?

If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs.