Buying with an LLC is a great way to safeguard yourself and your property, highly recommended, however, if you’re purchasing through an LLC that was not formed specifically for the purposes of acquiring your investment property, ensure you own more than 50% as LLCs can get complicated with multiple equal shareholders.

Ideally, this would be just one step in a larger plan to grow into multiple rental units over time.

Multiple professional references, when addressing this issue, carefully state: "the IRS position is..." - which to me indicates the same doubts that I have about the legality of the IRS position.Until the IRS is challenged in court over this position and loses, I choose to comply with their position.

In general, I'm curious how investments with multiple investors are structured.

Those tend to be the neighborhoods that are gentrifying.Unique stuff to Pittsburgh I would say is don't go based on zip codes since one zip code can be composed of multiple different areas/neighborhoods.

Also, many hosts who get into multiple units in one property switch their management software to Cloudbeds, so that might be another tool to help you as well. 

A good host knows the local festival dates and has a handyman and multiple cleaners on call and ready to goa very clean house and quick turnaround are vital Im listed as a co-host but I pay a local host to do the legwork 

In your opinion, what is the most effective way to establish an LLC? Should each property be allocated its own LLC, or should one LLC contain all properties? Please share your thoughts.. Thank you for sharing :)

He is a busy guy but he is very knowledgeable and could probably help you out with multiple if not all of these things. 

It is also quite possible that the Buildium system does not support multiple accounts payable or that they would have to create additional accounts payable for you.