It just adds another layer of complexity to the process, it will hurt part-time agents and drive many out of business, which is frankly not a bad thing.Buyer-side commission is now no longer set as a typically uniform percentage on MLS and fully negotiable. 

Layered entities can be tricky as most lenders will want to see a paper trail to show you have at least 25% ownership. 

It reviews a number of different structures with  the advantages / issues of each;http://www.mondaq.com/canada/x/334102/Capital+Gains+Tax/Are+United+States+Limited+Liability+Limited+Partnerships+the+Holy+GrailAdding anther layer of complexity is; how much are you generating in profits?

I do agree that having a clear timeline and budget is vital and am actively doing my due diligence with researching that subject.

The MMLLC will add an extra layer of audit protection being that they are at less of an audit risk than SMLLC's. 

Many seasoned investors bolster their liability protection by using a layered approach.

If we have a 401k checkbook LLC then it could fix the anonymity problem but it adds a layer of complexity.

Effectively, it just adds another layer.  

You upgrading the property, thus increasing the value which in turn could push out the current tenants, contributes to the vitality of that free market, a market that gives the tenants alternative options. 

Preferred equity tiers really act more like a secondary debt layer.