Of course if there are different LP partners that will necessitate separate entities, even if the underlying assets themselves don't justify the need.

Consolidated corporate entity with standard departments, balance sheet, etc.While each syndicators motives are different, I would say the first reason is most syndications simply don't have the tenure to even begin to look at institutional investors.

My mgt s-corp is also who HUD Section 8 or CAC or other entities pay and 1099. 

(D) They are not acting as the agent of any other person or entity in purchasing the real property.

-JustinYou may want to talk to a Mortgage Loan Officer (MLO) to make sure a "partnership", a legal entity, is acceptable on an FHA Multi-Family loan.

Regarding QBO I believe you can track individual properties by Class and use Location to track by entity at least according to YouTube Lol Tell me more about Digb

We translate all of the PM software data into their QBO(s) each month to show complete financials (property-specific & non-property specific transactions all in 1 software).The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

FWIW, a CPA indicated single entity LLCs don't provide the same level of legal protection as multi-member LLCs provide.

Before - you'll need to provide the entity docs when you are going through the mortgage process (if you choose to go the LLC route) 3.

Sale-Leasebacks have inherent challenges because the tenant/seller is incentivized to market the property in such a way they get they price they want, but if the entity who signs the lease is weak and there's no personal guarantor, they could stop paying rent the day after you close leaving you high and dry with very little legal remedy.I don't know your market, but in my eyes, any 10% cap offering is either an extremely weak tenant OR a tenant that has very little term remaining with no plans to renew.If I were, you I would very seriously consider how much I like the real estate and what my odds would be of refilling the real estate with the same or better rent and/or a better credit tenant once this tenant goes belly up.