I recommend learning your states laws and limitations around LLC's and working with some professionals in your area to help you determine your risk tolerance 

Hi all, My relative wants to combine their $500K personal exemption & a 1031 exchange to liquidate their rental properties without paying taxes, but they are worried about missing the180-day time limits for the 1031 exchange, so they want to involve their son-in-law (SIL).

Parts of Ventura County allow it with some limitations.

Call others vicious troll for critical reviews.4. 

Some of the benefits are transaction speed, limited liability protection.  

I have great credit but limited capital.

This includes and is not limited to Sidney, Walton, Norwich, Otego, Bainbridge.

If you purchase over that limit, you just put 25% of the difference down.  

They have also outsourced their TAX SERVICES and despite my constant request to expedite my tax filing so that we can apply for a CRITICAL BUSINESS LOAN TO EXPAND OUR BUSINESS, THEY SAT ON OUR TAX and BOOKEEPING files for 7 months.

In today's climate where expense growth is exceeding rent growth, it's critical to have this dialed in and solve problems before they mature into gaping performance gaps in apartment operations.