Using cash to get a cash discount and or a negotiating edge due to ease of closing and the fickle lenders and associated appraiser issues melts away.  

I like LLCs better for my passive commercial holds only, personally.My reasons for having the mgt corp were for anonymity (it has a very generic name) to pay rents to, credibility (new applicants are more ok giving my corp holding monies), having a 'bad guy' I have to check with for tenant requests, ease of p&l/bookkeeping, 1 place to receive all 1099s for HUD and agency pays, one mileage platform to record on (not every property), retirement account options, a way to obtain health insurance if needed, etc.  

Because I'm a business owner with complicated Schedule C and E income, I like going local because it's less hassle for me and I'd gladly pay higher rates for the ease of doing business with, as some others have said.

No comment on whether it’s a good deal or not, don’t know potential rental increase, taxes, ease of management, appreciation potential, market blah blah blah.

Can they rent out any rooms to ease some financial stress?

Some people like the custodial style and some people like the speed and ease of checkbook control.   

Singles for appreciation and ease of exit, multis for cf is what I've experienced. 

And you temper that with safety, stability and ease of operating it.And, no, your labor is not free, in fact it's quite expensive.

A knowledgeable agent will help ease your learning curve dramatically, as this is what we do for a living.

The way I run my business I think I can handle up to 10 properties with ease...not sure how it will continue but I have already started to implementing systems.