Felix,You can probably get away with a main holding entity that you cover everything through.  

:https://www.biggerpockets.com/forums/52/topics/680...Without providing a laundry list, I think the theme is to tackle the wear points and troubleshoot the individual unit.For example, start at the door (door mat to catch debris, good functioning new lock, perfect close and open, door stop) and work through each room with that level of detail ( example: Bathroom: new shower curtain, bath mat, caulk, new toilet flapper or overhaul kit inside, strong towel bars, etc.)I would focus first on the low cost items that can prevent larger problems (your doorstop type theme) and then also evaluate any larger item close to the end of its useful life, especially if showing signs of problems (be it hot water heater, worn flooring, or an appliance). 

So it makes perfect sense that a lot of depreciation will put you in better position with lenders.

Get a meeting with that person to discuss how your plan fits perfectly into the parameters of the crafty financing you want to do.4.

That is a perfect condition for foundation damage due to shifting.

Could I get away with a lower price for buying all 3 with no realtor commissions?

You just want to get away from the bad ones as quick as possible and find the good ones.

I think it's perfectly rational for some folks to make the choice that they'd rather put the level of commitment, time, and energy needed for REI success into something else, and keep funding that IRA themselves.

And it will be a little bonus for the new tenant to know the well is in perfect working order. 

Your situation if perfect for a contract for deed or a land contract . http://www.nolo.com/legal-encyclopedia/the-basics-...