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.

It also seems to spark a nasty debate, again usually without legitimate reasons.But for what you are looking to do, you will need a formal entity established with an EIN.

The idea is to invest in a smaller midwest market where the cash barrier to entry is lower, establish nice cash flow to then re-deploy into the Miami market where appreciation is the main driver for investment.

Curious if that is an established link.