Consider the risks vs the small reward...

I'm excited to be here and can't wait to bounce ideas off some like-minded individuals!

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

@Ilia Zakharav, There's no problem in selling individual units and 1031 exchanging them as individuals. 

Is this the starter or individual plan from invelo being offered with bigger pockets pro?

If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are many options, but don't make it more complicated than it needs to be.

Thanks Chris but loan will be in the individual state LLC not on the Wyoming one.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Quote from @Michael Smythe: We're far from perfect, so our 2 cents should be taken lightly.Most of the national companies are setting up franchises and the challenge is with the individual franchisees.