Now we use different accounts when there are different ownership groups and equity shares involved in the ownership of the property but everything runs through 1 management account, 500+ units and counting it's the most efficient method. 

What I need help with is structuring the business to pay our profits through dividends.Here is what I have so far: We will structure as an LLC with everyone having equal ownership.

So if something happens they will bring an action against either the LLC or you depending on the ownership type.

There are many things I know I need to consider: Taxes, reliable property managers, areas, financing (I may self-finance), ownership (llc or personal), etc.  

Even though we've owned the properties for years in the LLC, we'll have to wait at least 6 months after transferring the ownership to us personally to comply with gov't regs.

Make them PROVE they have ownership interest...many are scammers that don't4.

The report used U.S. census data and a Zillow survey of more than 13,000 home buyers, sellers, owners and renters.Of millennial buyers who moved in the last year, 64 percent stayed in the same city and just 7 percent moved to a different state, the Zillow study said.The Harvard study by its Joint Center for Housing Studies – which used data from the census and the Department of Housing and Urban Development as well as its own analysis – found most stereotypes associated with millennial homebuyers were not true.It said among the misconceptions were that millennials want to live in urban locations closer to employment, commercial and social centers; prefer the flexibility of renting; and are unwilling to take on the financial risks of ownership in the wake of the housing market collapse."

CoC can only be used to analyse properties initially or possibly in the first year of ownership.

So many homes have some wood framing whether the owners know it or not.The bottom line is that the wood frame homes aren't sitting vacant for lack of ownership interest or refusal to occupy.Bob

That's after 16 months of ownership.