It is called multiplier effect.  

You should use either LLC’s (the old and expensive way) or a Series LLC (the new and more cost/time effective way).

Step one is get financing approval, if you can't get it then you don't need to waste your time with approaching the owner. 

Hey @Joshua Austin, it sounds like your Team has a solid and effective PM system in place!

Most lenders will ask for a full application because there are so many items that come up during the application that can effect your rate and monthly payment, so most are just trying to get an accurate picture to give you a good quote. 

It’s the same as for SF residential but is only effective on smaller properties.

The rest of my properties are in the Midwest but I do have partners in cities (outside of Cincy) where I have my properties.Having said that, I understand Boston is quite expensive.Option #1: is to invest in areas, say 1 hour away from Boston and hopefully not as expensive as Boston. 1 hour is close enough that you can still monitor your investment but not too far that you waste so much time on travel.And yes, with the technology nowadays you can monitor your properties from a distance.

I wouldn't waste money paying someone else to do this, especially if you are just starting out.

Certain legal structures can help securely and cost effectively own property in numerous states though.Please share here if you have any concerns about how to deal with potential legal liability in multiple jurisdictions.

At this moment, NE Fl is being fueled by the new property tax laws effecting people in the North East.