However, since you can pick them up for a song, if one or two deals goes bad (which will happen) then you're not losing your shirt and hopefully the rest make up for the loss.  

Are we getting closer to your style...?

You should be fine if at any moment can produce a report showing the incoming and outgoing for a particular property.Transferring from your name to LLC, you should be aware of : advantages and disadvantage (read https://www.biggerpockets.com/renewsblog/using-LLCs-real-estate/), and the DOS - a detailed resource on Due on Sale: https://www.johntreed.com/blogs/john-t-reed-s-realestate-investment-blog/66000067-the-truth-about-getting-around-due-on-sale-clauses.

Our offer includes random "oh Sh*t expenses" in case anything out of the blue happens.

In South Los Angeles, there are once-beautiful craftsman style duplexes and triplexes that resemble a large single family home (units are on top of each other and not side by side) and there are two of these down the street from us. 

t...

You don't need this s**t and it's only going to get worse......

Here is our search criteria below: Partin Homes criteria:Property Type: Multi Unit (16 units min)Price Per Unit: $60,000 to $100,000 (Will entertain up to $120k per unit)Cap Rate: 8.5% minApt Style: Mid Rise.

I do t think Ive ever sold a house that had a yard that didnt have termite damage.

@Chris T.