For this reason, I typically recommend using series LLCs for single-family homes, where the structure can be more practical, and keeping commercial properties in their own separate LLCs for simplicity and to avoid unnecessary complications.In terms of management, I always advise structuring the series LLC with a separate management entity to address the concerns you raised.

I know they have a cap at 10.We have also looked at using local banks in the area but those terms are usually 3 years arms to ten year arms and 20 year loans so it lowers cash flow significantly. 

It sounds like you’ve got a solid plan in place with the bank refinance to secure long-term financing.

Also, I work with a lot of long-term RE investors and none of them look at ROI.

@Matthew Becker doing short term rentals? 

I do find it fascinating that I've heard from several developers that they are building/built apartment units for the long term, which to me sounds a bit risky.  

Our firm focuses on property management and helping owners maximize the return on investment after the purchase which is crucial for the long-term performance of the deal.

We all will have our own opinions but end of day it is up to you if you value $10,000 as.I was booted from the FB page because I dared to explain why some of the things his students, and I use that term very loosely, were espousing were simply illegal.

There are several non-QM options that will work around that but with "hits" to the loan terms.  

Masthope had been rumored to be limiting STR, but it seems they are keeping their eye on the fallout after the big court win in Lake Ariel - https://www.timoneyknox.com/reversed-short-term-rental-regul...