Is it beneficial to breakdown each property or roll up to the portfolio level. 

If you want to do more homework on why this is, check out the article below about loan-level price adjustments (I'm not affiliated with this website in any way): https://themortgagereports.com/6866/llpa-loan-leve...

@Jon Frederickson there's a meet-up in North Seattle that has investors of all experience levels.

You get the idea.Then, think about how much overall value and expertise and risk each person is providing and split the equity based on that.For me, the important thing is to structure it so that there are project-level expenses that accurately reflect what it would cost to hire someone to do that. 

You psychologically adapt to that level because in your head, you are a B student.So please stop with the excuse of my market is competitive... and people.. stop encouraging such believes.

I have a 2 family house that im currently "house hacking" in i have a ground level unit as well i was wondering what would be the pros and cons of me making it legal and me making my 2 family into a 3 family..

But it always seems to level out when calculated against several properties.

The type of jobs these type of tenants have are low level positions that don't seem to be as impacted by downward market trends. 

Holding LLC would file a partnership return at the federal level and include the activity of all three LLCs on the return and K-1s to you and your partner. 

A family member is also a real estate agent and would provide me with the 3% commission on the purchase of the new properties, minimizing cash outflow on the new properties.So my high-level thoughts are, I could downsize and buy two properties, which would reduce my monthly living expense by 1) a smaller primary note and 2) income from the MF offsetting a portion of the primary note, and at the same time I would be able to pull the equity I have built up in my current home, plus my current cash on hand, to further invest after the dust settles.