However I already had a well established relationship with the investor

We in the process of establishing our LLC, building our team (lawyer, accountant, contractor, etc.), and growing our real estate portfolio.We'd love to network with other investors in the Chattanooga area.

Looking to establish mutually beneficial business relationships.Also, I know some portions of these cities are safer neighborhoods than others may be.

We had to establish our own in Wenatchee.  

That's nice, older homes, established businesses, open space and not far from Bear Creek/Morrison/C470.

@Michael Hayworth i wouldn't establish a lease at less than market value.   

Also, should an LLC be established for each acquisition made?

You have to be consistent because while everyone needs to eat to survive they do not have to eat at YOUR establishment to perform that function.

In the right time, he wishes to establish a non-profit organization that will raise awareness of the ongoing threats to worlds most endangered animal species.

Every purchase after that was pretty easy going to the same local bank since I established a great working relationship.