At least that avoids the banks closing costs right now.

(G) Acceptable forms of payment of Rent (including Additional Rent) are ___ personal check, ___ cashier’s check, ___ bank check, ___ money order, and ___ the following online/ACH payment methods ____________________.

At that point, you’re building a business plan—something you can take to the bank.

With that low interest rate, you will have paid down a lot of equity in the deal and should be able to finance with a bank.

If your 5th deal is good, you should be able to find funding outside the banking industry.

If you have bank loan (not an agency loan) or no mortgage at all, an LLC is certainly an option.

So when the bank requires insurance for the loan amount.. that will work generally.. 

Banks and attorneys use it for skiptracing so, it would probably be good for you too.

Have you looked at an HML or a loan from a bank to buy it from the seller now?

.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.