I want to establish relationships with other investors out there so I can be successful in this business.

Would you suggest going the college route or building relationships with already established investors?

If it is not considered to be a disregarded entity, then you should wait the 24 month period that your tax advisor has recommended.I'm guessing that you do not live in a community property state, which means that an LLC with a husband and wife as the sole members will likely be classified as a two person LLC (as opposed to a community property state where you would be classified as a single member LLC) and therefore a partnership for income tax reporting purposes (not a disregarded entity).This creates the need for you to establish the 24 month holding period to demonstrate that the two of you have the intent to hold the property for rental/investment purposes.

The tricks of the past, including Back linking to an old established web page that you don't own can get you in to trouble with google now and you site can get lost in the Abiss

After raising the value of the property (meaning I could sell at any time for a profit), then I start looking to put money in my pocket and to establish a decent trailing 12 in case I plan to sell.At 240K for 8 units you're only paying 30K/unit which is much less than current industry average (unless your property is located in a town like Clinton, SC where it's mainly section 8 and slum housing with no trends towards job growth).This property is definitely worth pursuing.

Although it may require the time and effort of finding and establishing a relationship with someone willing to lend you the money.

However, it seems as if you have already established a good enough system with the standard MAO formula, so would you say that one is better than the other?

The agents I know that are doing well are spending 6 figures on marketing and feeding a team or have a good sphere that they've established and work it.

Looking for a knowledgeable established local realtor that knows the area that can  handle the whole process efficiently. 

You need to re-establish proper expectations.