What are the pros and cons of using this type of legal structure to encompass a few properties and what advice might one give before considering this an option?

Best success I have had is print off the jumbo postcards from vistaprint find the largest broker in your area buy a couple $5 starbucks gift cards (for the front desk assistants), show up, charm the front desk and ask them put a flyer/postcard in every agent's mailbox.

Unlike DC, I can buy something with money from my savings in Charm City.

A mile can encompass a very diverse grouping of neighborhoods. 

@Kai Hicks good question, and great responses.That's one thing I love about BP - A pretty mundane issue comes up, and someone almost always pitches in with a response that encompasses all of the other unacknowledged and larger issues, and does so in a way that is also positive and instructive. 

The charming bungalow style 2-family is in excellent condition and needs no work.

I would call on a potential customer abut once a month. give them a year before I would move on. that is 12 calls, I would get a chance to know them. give them a chance to know me and  usually with my "Charm and Swagger"  LOL they would eventually melt. 

Everything functions well but it is certainly, well as they say, "charming".  

Worked like a charm. 

Random side note, The Art of Charm is a fantastic podcast based around "being the best person you can be, in every area of your life".