It doesn't have to be super complex, but if we could host all of our properties on our own independent website then we can avoid the downsides of the bigger companies such as their cancellation policies.

The only reason I can see is if your wife needs an earned income to qualify for something like a Roth IRA, but since you also talked about paying yourself I assume that's not your goal..Anything you "write off" paying yourself/your wife will have to them be claimed as income....so generally it's a wash but just more paperwork and complexity.

It's more complex than that.

Our LLC s cost about $750 - $1000 to set up, of course that can vary greatly by location and complexity. 

Larger Apartment Complex; National Tenant Properties)B.) 

I'd really like to get another unit in that complex as Galveston is really moving forward and property values are going up.

There are only 3 reasons a unit dosen't lease.Rent is over priced.The unit is not rent ready.The unit is not marketed correctly.I own apartment complexes and Graig's List brings in as many leads as our paid advertising.

I do so the logistical benefit - if you have many properties with a complex llc structure for legal liability reasons, you can streamline it all when it comes to management and receiving rent.

I have a four unit complex located in a middle class spanish speaking community in Los Angeles County.

What if the borrower is the owner of a company with complex tax returns?