The agent sent me a bill that is over 4% of the property price, and is asking me to pay for 100% transfer fees.

Also, it sounds like you are specifically looking to improve your ability to normalize expenses when underwriting multifamily properties.

They have the ability to manually separate business debt from personal debt if they choose to.There is the option of completely refinancing the note and putting it into the name of the LLC that way, but as it was mentioned in your initial post, and again throughout here, it’s not the best option because there are many regulations you have to abide by.

I too would love to have the ability to buy my next one in cash but I do not see that happening anytime soon!!

I'm prepared to work with my tenants to the best of my ability, but I will let them come to me for assistance if they need it.

Without providing the essentials, water, hot water, heat, etc. you’re eliminating (or at least reducing) your ability to evict.

@Michael GreenbergWell, if managing STRs isn't your cup of tea, you probably aren't going to want to manage other types of property either.Although, it's much easier to find a property manager for SFR LTRs (but you don't like the returns), and perhaps Multifamily may offer you something more appealing in the way of returns and ability to let someone else do the managing. 

If the duplex has one electrical meter then one person pays for all of the usage, and the only way to recoup that is to use a bill-back system in which each tenant repays a portion of the electrical usage (or a variation of this idea).

Its zoned AB2 which technically gives it the ability to operate as a business but it shows up in public record as a single family home.

Partnership: I believe there must be an agreed-upon on who does what or who decides on what, and that there must be an element of trust between partners!