I did this through a charitable remainder trust, the basis for the property was nothing, the land had been in the family back to the civil war!

There is also a vetting process that you can go through (you can actually look up open records with the civil court in your particular county) to see if any of the contractors have open cases against them. 

I am a Civil Engineer out here at Ellsworth.

I'm worried that by holding them all within one, one might be leaving the backdoor open whereby a litigating tenant with a big enough claim in one particular unit can go after not just the asset they are/were living in but the other assets in the portfolio as well.

That is what civil courts are for.

Graduated from UCF Fall of 2015 with a degree in Civil Engineering.

I am currently a senior civil engineering student and once I graduate I would like to start REI, I would like to start out with SF homes and possibly getting into multi-family.

I am leaning toward setting up an LLC since we will be having others rent and I want to protect ourselves from possible litigation.

@Tyler Youtzy- thanks   1)  without any current income - you can buy now but will need to  include a  solid co borrower  that can  effectively carry the deal throught  qualifying  ..the co borrower  will need to provide all the same  data  as you  will for the loan process and will  be equally liable for the loan  as you will be .   2)  the other idea  is  to get  pre approved  using whatever you  think your income will be  once thru the  promotion process and then  buy  once this  is in place   3) if  buying a condo - watch the HOA  and  also  the  budget and  check for any pending litigation and  repairs  that the  complex  might  include   4)  good luck 

Cops wont do anything....civil matter.