Search for this publication online to find a discussion of the calculation of the number of loans a borrower has.B2-2-03: Multiple Financed Properties for the Same Borrower (10/31/2017)

I cannot tell you how much time I've invested with clients who, after multiple property visits, comps analyses, lending referrals, etc suddenly find out that their great Aunt Millie has a real estate license.

We want to get a property (or a few) to generate multiple income streams in order to more aggressively fund our retirement (especially in this downed market) and then hopefully be able to quit our day jobs.

Point being is to not be afraid to take on the renovation or even break the space to have multiple units 

People are experiential in nature and most of the masses want to drive out and do activities with family and friends multiple times a week.

There are multiple layers to this but I'll explain a few. 

Also, personal property used to furnish lodging may now be eligible where it wasn't in previous years.Keep in mind, if you're income is near 315k joint or 157k single, it may be a good idea to HOLD OFF on a full Section 179 depreciation of property up front and rather extend it over a number of years to take advantage of the 20% qualified business income deduction of pass through businesses in multiple years rather than just one.Obviously the details are a little more complicated, but this is a strategy that can save you tens of thousands of dollars not only in 2019, but the years following if done right.Best of luck!

So far we've been dealing in SFH that carry around 6-8% cap rate and have been happy with that but like the idea of have 1 building to maintain and acquiring multiple units in one transaction.The issue with coming up with a price is that valueing it based on current cap rate with under-market rents is definitely far below what it's worth, but a value based on a cap rate at market rents is also not representative since the building is obviously worth less with it's current income.

Have not used her myself but spoke with her multiple times and came recommended from multiple investors I know.

@Ron Alexander For distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate (and alone) from the ones that barely produce (and can be combined in one LLC till they start "producing")- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.If Series-LLC is an option for you, get one and put each property in its own child Series-LLC, problem solved.