First off, we are discussing flips, not rentals in this thread.

I apologize, I have to think the scenario I'm asking about has been covered before, but haven't been able to find a discussion directly on-point to what I am going to describe.

With that said, commercial loans can be easier to obtain and will sometimes be a better fit for your projects (as-complete rehab loans, etc).And just curious....how many random colleague requests and forum mentions do you get here with that name? 

We've got a few people investing from northern colorado that I know, and a few people that come up for our meet ups to discuss the market.

We should meet and discuss sometime.

I recently just closed on my first Investment Property (Buy and Hold) and wanted to discuss it with other people who are starting out.

Maybe we should start a chat group or something for discussions.  

This is a DIFFERENT discussion.)

You will have a better chance of getting financing, distribute the inherent risk of real estate investing, and have multiple incomes to pay rent (lowering your contribution towards rent).However, you would be wise to have a in-depth discussion about this with any partner you take on.

Your LLC can be taxed as a sole proprietor and for the LLC to do as intended ("Limit" your "Liability") you must completely separate personal and business expenses, credit card, bank accounts etc etc and obtaining bank financing may be impacted.