I'm going to an REIA meeting this Thursday to try to drum up support for my project or at the very least get some feedback.

Obviously you want to march to your own drum and fife (flute played by guys wearing three pointed hats in the 18th Century).

Drum. 

If you need a loan and really want it in your LLC's name, you can drum up a quit-claim deed to transfer the property to your LLC after purchasing in your personal name.Disclaimer: I'm not a licensed financial professional.From what I understand thus far, if you decide that this will be your surefire capital-builder, I would ask a CPA about starting an S-corp that owns an LLC.

Also, try drumming up a relationship with a local bank or credit union.Best of luck and congratulations on your initial successStephanie

There goes 2 years of cash flow.Or worse, your roof starts leaking and the other owners don't want to deal with a special assessment so they vote for a cheap repair job which doesn't quite solve the problem.You put a tenant in and find your neighbor, an owner, likes to play the drums at 2 AM or maybe is a hoarder and has a roach infestation. 

The BRRRR drum beat is loud here and everyone pushes the idea you have to buy distressed and rehab.

Unless you are spending significant time and/or money drumming up your own leads the old formula is just not going to work right now. 

The only way to buy at your stated numbers is to invest a significant amount of time and/or money drumming up your own leads, and you will be competing with people who have been doing it for years and have really deep pockets.

When you till that deep, you'll have to level and re-flatten it with something like a drum roller or else the soil with settle unevenly after it rains a few times.