Residential property rental: Could this be a scalable and profitable approach, or is it too risky?

Would a cash out refi be under commercial terms since the property(s) are under LLC?

You do not need a separate LLC for each property or a series LLC!

Hi all -- I've identified a piece of property that I would like to develop into mostly residential homes, with some townhomes/multifamily.

Pricing a rental property too high is a BIG mistake. 

Distressed and or vacant Commercial property 5.

I’ve heard so many inspiring stories about members who started with nothing and now own multiple properties by taking a chance.

It sounds like the commercial property you are looking at is a slam dunk. 

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

Insurance right now is wild, so I'd get a solid broker on your team - I'd be happy to share my contact if that would help.Also, aren't most of the existing insurances shared on the OMs for the properties?