From a legal standpoint though, a multi-member LLC is a separate entity (often treated the same as a separate individual), so why would there be any liability for a broker when the entity is purchasing a property that is not utilizing the services of a broker.

I met two individuals that are active investors & maybe they can help me when I’m stuck.  

If you’re fortunate enough to get 4 students to sign individual leases at an average of 425 a room or 500 a room including utilities,-you’d probably be happy.

I am hoping Bigger Pockets can be a gateway to help me connect with other like minded individuals in my area!

There are several other individuals that do STRs. 

He knows many people who are going to come and individually rent the rooms out, so on a rent per room basis, the cash flow is actually very attractive.

also I should add that one duplex- the rooms are being rented individually

I am in the process of hiring a property management company as I am moving out of state 12 hours away, I am in a unique rural area where it is impossible to find a larger company, basically have to use individuals (normally real estate agents) who manage a few properties here and there or own their own.  

Yes, this does present the challenge of both individuals needing to be able to qualify for a loan on their own, but it’s a great way to do it.

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