(Im able to get into this thing for only 10K the cash on cash return is absurd from 37-56% (depending on closing paid and points i pay, its an 8% Cap, 350 cashflow (after variable expenses) Brand new.. seems like a decent first step but the functionality.. a Perfect nice 3/2/2 1400 sq pft per side is 575k , this one could be 365k if they accept my offer i sent last night)

Depending on your investment strategy / goals, there may be other options rather than creating multiple LLC's.

Maybe 15-50 depending on if you have any other income, what kind of market you live-in and whether they are fully leveraged or not.

Use varies throughout the year.

@Zach Ranney it really depends on the work you are doing to it. 

@Dustin Horner Well, it depends on your comfortability with being leveraged. 

We are listing a home in March so could be poised to buy land with cash as early as April or May depending on how quickly the home sells.

Again, number of units is dependent on the lot size and in order to obtain a use permit for 3 untis, the lot size must be at least 1,080 SF. 

Hi Justin- I think a lot of it depends on your overall business goals. 

Depending on how much money is recommended.