I've seen this happen with new investors who focus on cheap properties in cheap neighborhoods (that tend to attract not so nice tenants due to financial difficulties). 

I agree with Lynn M and also spoke with my attorney on this in the past - for the couple of rental properties I have, the LLC creates extra paperwork, complexity, and financing difficulties.

I think the difficulty to find deals is overplayed.

How difficult is it to put an offer on multiple properties.

KevinThe biggest difficulty you will have obtaining financing from a bank is the property itself.  

Here are the high level numbers – mostly based on my own estimates being a recent owner next door:$119K Scheduled Rent$93K Actual Rental income$9K Mgmt Fees (9%)$20K RE taxes $15K ($50/unit/mo + $200/mo. exterior lawn/snow)$9K Insurance (This is an est based on my 7-unit costing $3.5K)$15K Utilities $5K CapEx/reserves$20K NOI (of course they provided a much higher NOI estimate)Feel free to question my assumptions, but the real difficulty I’m having is assessing what vacancy rate I should assume in valuing the building.

I am having difficulty finding a lender who will lend on a smaller loan.

From my experience (including where I work as a real estate agent in San Francisco) the difficulty in dealing with the local building/historic/planning departments does not make it a less desirable to live there.

Sorry, technical difficulties.

Hi, I was looking for maybe a hard money loan but being a beginner it’s a bit difficult. I