Keep in mind the approval will only last a couple months, and the lender won't "lock in" the rate unless you have a signed purchase agreement.

An investor is limited to 4 financed properties including subject - so they could do this Financing method for a couple of the first transactions. 

It has to be an arms length transaction.   

Is this a business transaction or a gift?

Having a shared wall is much better than having a shared ceiling/floor.As to the building's age, 100 years old is not immediately a bad sign because people update properties as they hold onto them throughout the years.

I've heard owners that simply tell the residents they don't rent homes and therefore the residents have to either sign the new RTO or the lease will not be renewed. 

One minute she is the nicest person imaginable the next minute she is evil.I heard there is something called non forceablility of verbal agreements and I have also done some additional digging and am reading the followingverbal agreements are not acceptable or legal in real estate transactions.

We use one business card for simplicity and download the transactions and then reconcile them by Category (Office Supplies, Repairs & Maintenance, Property Mgmt, etc.), by Responsible Entity (which LLC, corp or whatever) and property if necessary.

So I read somewhere, that I should form the LLC much later on instead.So now if one of us takes out the mortgage loan, purchases the house, and all transactions go through him.

Isn't hard money a cash transaction?