Establishing a "blocker" (i.e. a C Corp) between the NRA investor and the business is generally the best strategy, but all facts and circumstances must be considered.Engage an effective tax CPA/EA who has experience working with NRAs who invest in the US.A new entity for every deal may be extreme overkill. 

It seems that using a separate class for each property is overkill because you already have an easy numeric break because of the property address.

Typical NE Ohio socialism/fascism/Mandarin bureaucratic overkill. 

You can if you want to and if you can afford it but it could be an overkill depending on the assets and the equity you have in those propweties.I have 4 of my rentals in MO in a single LLC but they are all 80-100k rentals.I wont include an asset that has say halfa million in equity in that same LLC or another LLC thats holding sec 8/c class rentalsWhile starting out I‘d say focus more on the deals and acquistions over being too obsessed about asset protection.

Is it overkill...?

If not, it might be overkill to LLC for one property.

@Dublin O'DaeAlthough it would be great to receive this investor packet, it's definitely overkill. 

But my personal opinion is that for small-time investors, it's overkill. 

Unless you misrepresented your question, I would suggest an attorney is overkill in cost to setup a contract for contractors. 

While I know you are not a CPA or attorney, do you think it was a good route to take, or overkill?