Personally I am not a fan of sitting on a lot of POH homes for sale at the same time. 

Let’s share our resources and help each other succeed!

If you are looking to do this deal, I suggest looking at seller financing and then having an exit strategy to sell to an all-cash buyer, but personally, I would look at other deals. 

They are now requesting an addendum stating that each person is responsible for their own rent, and payments are not mutually exclusive. 

In terms of getting into apartment complexes and large transactions - it's much easier than you think.Real estate is filled with opportunities to deploy capital, but in the same time is filled with fast-talking snake oil men that will happily take your money towards a "fund" so you own a portion of a large portfolio... only to find out the fund's performance is below par, your money is locked out, and the only person making money is the fund manager from the management fee they've locked you into. 

If you’re still working through it, I’m happy to share what I’ve learned—feel free to reach out! 

Sharing the scale of what you are planning can make a big difference on the answers too.. are you talking about  a single family house or 2, duplexes, small multifamily, or larger?

What type of fund is it and are they realistic or are they contacting every person known to man to find that which can't be found?

We found out the sellers were highly motivated due to personal problems so we were able to negotiate some of the closing and we able to get into this house with little down.

As I quit claim deed each property from my personal name to the specific LLC, I also want to ensure the insurance on each property follows suit.