I agree but and LLC offers good protection for contract problems, but little protection from negligence suits.

There was a report on an apartment fire here, over 20 tenants became homeless, and the newspaper lamented that was because no one had renters insurance.Just to mention your tenant will sue you for negligence in the absence of such insurance.

i agree with @Alex Hunt. the margin between the two interest rates is negligible in today's market. 

If you personally manage a property and personally do a negligent act that is a breach of your duty as a manager or owner you will be personally liable, even if you have a dozen LLCs, ie you drive the company car drunk or run a stop sign and kill someone prepare to be sued and be held personally liable. 

But it is relatively negligible in the scheme of things, so I am not sure why you would worry about it. 

I’d be getting a better interest rate than market and the purchase price difference is negligible so I would actually cash flow more in the bond for deed scenario.

Adding a negligible amount of tax revenue through income?

Her insurance company sent out a fire inspector and determined the cause of fire was the tenant's negligence, and they ended up paying for the damages.

A victim’s family could file a personal injury or wrongful death lawsuit against you for negligently failing to fulfill the pool fence requirements" It also has more exceptions:7.

That can be helpful especially if entering a new market.I don't like paying a subscription fee for that underwriting software, but it's negligible if this fee is underwritten into the holding costs of the project.Would be happy to answer any other questions folks may have!