I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

First thing is to decide if you want to flip or buy/hold.

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

I also do not stop marketing unit including open houses until i have a holding deposit.  

Investment Info:Single-family residence buy & hold investment.

The typical holding period is 5-7 years, I know some DST's that have a 2-3 year holding period.

. - $6k/ month is our freedom number from a W2- Buy & Hold MFH is our plan (turnkey with PM in place)- This quad was built in 2024 and we're able to secure a 3.75% 10 year rateHow's this deal looking or would it make more sense to go another route?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental. 

Someone recommended a small lending company to get a mortgage for a buy and hold property.