There are very few that will offer 0 down.... this creates a huge risk for banks.

Create a property management company (PMC) to manage my rentals2.

Our goal is to start building generational wealth and create some financial flexibility as our family grows.

Should I create an LLC for each? 

They make the rules so I don't think you can get services with out the inspections.

Many times the consideration for the option is related to the amount of appreciation that is anticipated during the option period.But definitely create two documents. 

Using whole life products to create a banking system (i.e. our bank or "the business") to then fund real estate deals (benefits in my original post) are well worth any associated costs. 

Creating uniform and basic minimum standards is going to be better than allowing local cities and municipalities to make all kinds of overlays.

Bull markets create bullsh%t.

This is by no means to brag but I am living out my vision of being business owner, building long term wealth at a young age through real estate and having the freedoms to create my own schedule and building for the future for myself.