Most are used for anonymity when investing into syndications or for simple organization purposes, partnerships, etc.You do not need a LLC where the syndicator resides.

If you are motivated to buy a property and have a specific criteria nailed down…I’d think it’s a pretty simple conversation to have.

I like simple.

I understand it won't be simple or quick, so I've chosen to start preparing now.

The answer to your question is simple for me.

If you are going to brrr I recommend Baltimore for the simple reason that you can control it easier. 

Ask them to take a Chill Pill, put any bitterness and money issues on the sideline until the dust settles and don't let money cloud their lives.It is very difficult to acquire properties and simple to dump them for pennies on the dollar.

True it is a DIY project but it works.  

I’ve closed on simple deals and really complex transactions and can’t recommend him enough! 

If it isn't comparable, I'd tell him no plain and simple.