However, with limited cash available, you’d need to ensure the return justifies the upfront expense.

Some investors like having each property in its own LLC to limit risk, like if something happens with one property, it doesn’t affect the others.That said, managing multiple LLCs can be a hassle and add costs, especially with only a few doors.

I'll give you 30 seconds to withdraw your bids". 

They are good for comparison of different assets and limited in telling you when, where, or how to invest.

Personally I’d do a 1031 to save $40k, I’d skip the LLC, increase the limit on my umbrella, and call it a day.

I has been investing as a passive investor in a few limited partnerships.  

You might want to limit your visits though to avoid escalation.Short term if the smart lock is on his personal door just change it to a key if it's isn't working for him, you can always switch back later.

There are limited number of companies and equipment. 

Im more a hands on learning definitely and as far as living in a unit i couldn't yet because its out of the kids school district  plus the limited space. but thats the goal, to buy a small air or inn to manage and run for work while still renting in our district and then looking to buy since we're renters again!

Say you position in great locations where the experience is highly sought and highly valued with limited offerings.