Easier, quicker route but I believe I would have to pay closing cost at the time of purchase, and then pay it again in 6-8 months when I was established and wanted to switch the property to just my name.

My guess is for smaller/less expensive units in a cities where they are well established in, it may make sense for some owners.

@Roger Poulin A way around this would be to establish a relationship.

If you go with an established contractor that has a good reputation, this should be low risk.

Hi, I am looking to establish an LLC for our Real Estate investments and am looking for a strong lawyer in this area.  

I thought local community banks where I have established relationships would be the best place to start but I’m wondering if that’s not the case?

Buy brick instead of frame; always put at least 20% down when you buy; FSBO everything you buy and sell; get a GREAT real estate attorney and have established commercial banking relationships; try to take 15 yr. financing so it will pay down the mortgage fast and never, ever refi money out of your properties and start your mortgages over after you've held them a long time.

However having her establish a independent business that you contract with for services seems to be a good way to go, but of course you should check with your lawyer..

It violates generally accepting accounting principals of cost or market and at least 40 years of established prudent lending practices.

From experienced rental property owners, have you had better success with larger commercial management companies or local well established companies