We didn't get much traction with Roomster and Kopa as by-the-room platforms, and we are a smaller market without a Padsplit presence.There are a lot of work crews passing through our neck of the woods, so the private rooms are appreciated as a bonus. 

So, you may want to pay more for more exposure.

If you plan to add more properties in Illinois, separating the two LLCs could also limit liability exposure between states.In Kentucky, having a holding company structure will avoid tax per LLC.

So you are willing to pay a commission, willing to work with agents, limit the exposure of the property by just the few networking groups you are a part of and expect to sell at the same price as those fully advertised across the platforms that 90% of buyers see?

Equity is a bonus.

Boots on the ground exposure, as David Krulac mentioned. 2.

You don't have to worry about damage to the equipment or it being stolen.But if you do decide to buy the equipment, there is a good chance that it will be eligible for bonus depreciation and potentially 179 expense depending on your net income.

Adding a 5-10 unit will increase your expense exposure initially until you raise rents to cover costs. 

Great breakdown of Bonus depreciation for RE.

My father would be willing to help us out in basically any way that he could, in exchange for modest monthly payments going forward, and is content limiting his capital gains exposure with the owner financing.