As for what I can provide, I've been strengthening my underwriting skills by analyzing deals on LoopNet, diving into metrics like NOI, cap rate, and the 1% rule.

The lending sources that will lend to LLcs  will be more likely to  provide a " purchase loan "  to a LLC  as  compared to doing a  cash out  refinance to a LLC . 

Please feel free provide your thoughts and advise.Thanks in Advance

I know that’s not the typical response for an investor, but I do things a little out of the box, and it has provided me well so far.

The first step would be to get a good grasp on what it will cost to provide him with the care he needs now - and for the remainder of his life. 

Am I unknowingly taking on extra liability by providing a security system?

It is completely free, there will be food provided, and multiple industry partners coming to talk and bring information.

Do they offer company stock, and provide passive revenue share income which is willable to your heirs?

I was thinking if 3 of us shared one, it would cut down costs and provide each of us that additional support we may need to juggle all of our tasks. 

My story is similar, I started with a rental, it was a lot of hassle to open LLC as the mortgage at the beginning won't allow it, but it is always convenient to separate the accounts for book keeping.You will see this as soon as you have to do your own taxes first time, it will be a nightmare to collect everything is you incur into maintenance cost or any other expenses even if small.