This would reduce the monthly mortgage payment down to $1520/month. 

I have always seen good turnkey deals on paper, but in reality you deal with vacancies, lack of interest and therefore reducing rent to get someone in.

They're waiving late fees, holding off on evictions, reducing rent, deferring rent, and many other changes.Don't let it bite you in the butt! 

While I concede that event-based issues today (and recently) may reduce future recording activity, the system certainly hasn't stopped. 

You're investment is reducing your monthly liabilities. 

Folks in professions like yours need to talk to your unions, or whatever, and get pay raises in exchange for the per diem being reduced. 

In addition to the density bonus you also get up to 5 "incentives" which can be used to alter or reduce development standards (such as increased FAR, reduced setbacks, etc).

To you, one way for you to reduce your cost of putting up multiple LLCs is to deed the property to a LAND TRUST and assign someone you know & trust as the trustee (and have different trustee per property). 

Are you willing to sell at a reduced price if you can sell it quicker?

I inspect my own properties once a year, I try to take care of the things that reduce later damage like cleaning the gutters and servicing the furnaces.