Whoever taught you that I would go to them and do what they did as this setup for an ownership structure in my opinion is far to complex and your CPA is going to be scratching there head at end of year with all the tax stuff they will have to do and how you have to keep bank accounts for each entity and move money form one to the other to the other....

I've seen success in Washington Court House, Ohio.

Personally I am looking to grow in RE and buy a 2nd home in LA/SD and eventually buy a multifamily complex.

Separate LLC per Property: Maximizes liability protection but adds complexity and costs with individual tax filings.3.

On large complexes you can look up their website and see if they have a leasing map that identifies address/unit.

So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.   

Stessa’s reports are great, but lacking support for more complex loan structures—like your portfolio loan—can make tracking a nightmare.

I approached the REO bank that owned the condo complex a year later when they're still stuck with 30 units and got another one for $40K.

Best to weigh the complexity of their portfolio and legal protections.

There were court rulings recently requiring auctions like this to refund the overage to the owner which in this case is the person who bought it at the last minute from the heir.