@Wayne Brooks   I understand your perspective. 

From a cash flow perspective..3.

I'm pretty sure most people would want the option to be able to open their windows for some fresh air. 

Just my perspective.

I have a terrific portfolio of fresh hand picked properties for the right investors who are looking for hot saleable properties.

It is funny in TK sfr's everyone buys on pro forma.. but try to sell a multi family to a sophisticated investor they would never take these pro forma's for anywhere close to actuals.. they would want to see history.. and there is no history on a freshly rehabbed TK so know one really knows how they will do... other than blue sky..

I just wanted to get a users perspective on it.

When you are looking at it from the perspective of someone who does a lot of flips, you'll get similar sized homes where one might cost $10,000 and the other $20,000.

It can give you a different perspective On debt and spending.

Our investing strategy will focus on single family homes in excellent school districts (thus far, we have 2 SFH in Keller ISD, and 1 in Northwest ISD- Byron Nelson HS), as well as multi family properties that make sense from a cash flow perspective (We've looked at 2 four plexes, and we're currently evaluating an 8 unit apartment complex).Here are some questions we have for the well informed masses at Bigger Pockets:#1 Do [you] recommend that we set up an LLC for all properties, or a series LLC, delineating each property into separate LLC's "underneath" the main LLC?