I recognize that creating an separate LLC for each unit would provide the most protection but that would create a lot of administration on my part.

Hey @Shweta Sharma - that is a wild issue to have for a building to neglect that badly.Did they atleast compensate you for not providing habitable living conditions??

I keep seeing conflicting information about it in PA so if anyone can provide more guidance, awesome!

With housing demand being so high in this area, and homelessness/affordability of housing being such a big hot-button issue, you'd think cities would do everything they could to provide more affordable housing.

You might find that "saving" on taxes is small compared to what the property might be worth (talk with a trusted real estate agent who knows the area and can give a projection of property values).Don't forget to factor in closing costs (real estate fees, pro-rated property taxes, etc) and take into consideration your other income and/or investments. 

As long as you provide what they require for on-boardng.

Connection with listing agent and my agent to strike the deal.

I get their auto generated number and match up against the comps provided with the paid subscription. 

@Orlundo HubbardRaising capital and deploying capital are two different things in my mindWhen you are raising capital, you are having investors provide you the funds so they can be passive.

Any help you can provide would be appreciated!