If you buy a property for cash in an LLC, and you need financing, you quit claim it to the name of the person getting the loan, then quit claim it back to the LLC after.The main reason is the loan isn't in the name of the LLC, so they can't use the property to collateralize it. 

My main focus is cash flow and my goal is to replicate my salary within 10 years, which might be a bit aggressive.

As long as the tech companies are hiring the home prices are going to expensive.So waiting for a drop in prices is not a great idea in my opinion.You have several choices:1.

Upper main roof first half replaced 8 years ago, second half replaced last year, and lower roof was replaced last month.4 Separate Crown Aruba Gas Boilers, regularly serviced and approximately 20 years old. 4 Separate Gas hot water heater (ages vary)Washer Dryer hookups available in basement for coin laundry for additional incomeExterior painted two years agoShingle sidingProperty just passed state inspectionReplacement energy efficient windowsPurchase Price: $210kAppraised Value: $285kProperty Type: Quadplex/Turnkey tenants in placeArea: BUnits: 1-3BR, 3-1BRRental Income: $3365 Per Month / $40,380 per year (rents can be raised 5% upon lease renewals)Utilities: Separately metered, each tenant pays their own gas and electricHouse Utilities: Common area utilities are about $20.00 per monthWater/Sewer: Landlord pays $1500 per yearProperty Taxes: $7855 per yearInsurance: $2500 per yearLandscaping/Snow removal: $1221.00Vacancy: ???

Most of my investing has been in North Main and the Augusta Road areas...urban lifestyle but good schools, affordable living, and convenience to everything...it's a gem.Regarding #2, yes our redneck homes are pretty affordable for many northerners...my neighborhood is mostly transplants and foreigners.

For SFH not so much, as it puts the ADU and main home under rent control.

Do you have a separate checking account for each property/LLC or 1 main account that all of the properties run through?

I just feel strongly that we have choices in how we interact with other people - we can either be their cheerleader and root for their success, or we can be annoyed at new people entering our space and be sarcastic and discouraging.

The main reason I was thinking about doing this was because if I'm going to pay let's say $10,000 a year on housing, it might as well as go towards a mortgage rather than a landlord.

You mainly just want to pass thru the cost, don't up price the tenant for usage/labor cost to read the meters etc.