In this scenario what are the financing options if you want title held in a sole member LLC?

helloi'm also learning in this area but i know warm market is a source of private lenders.I havent heard of REI meetups in my area (Zimbabwe) but possibly next door in South Africa.Asking for referrals, from acquaintances also may connect us with likely sources of private moneyI've been thinking the owner of the property may be a source of money to facilitate the deal closing (seller financing at low interest rates), right?

It is very hard to source this type from MLS.

They would get a guaranteed rate of return and you remain as the sole decision maker since YOU will be the one who has to hold this property long term.

@Sindy ZhengThis is not solely focused on underwriting, but Best Ever Apartment Syndication Book by Joe Fairless is an excellent book. 

@Colleen F.We plan on shifting the heat when the lease comes up for renewal each unit has its own heat source.

Patrick,I don't have any experience in the Texas market outside of tax liens so I would not be a good source for you for what you are looking at, unfortunately.

If the Premises is destroyed or becomes totally uninhabitable or completely unfit for occupancy through no fault or neglectof Tenants or a person under Tenant's direction or control, the Landlord may, at its sole option, terminate this Lease orrepair damages within 30 days.5.

Solely looking at the after-debt-service cap rate, it doesn't look great.

This means that then new LLC is a single member LLC and has elected to be taxed as a sole proprietor.