For example, if child services or the police had to do a welfare check on the individuals at that property and are getting stung, then the problem starts affecting more people and it gets resolved quicker.Keep us posted with what happens!

Plenty of the right insurance coverage is your best and financially easiest route to take.

Lending home is the only one of the national HML that I found willing to lend to an individual, but even they require an LLC in some states

Stories3Price/Unit$86,458.33Year Built1972Property TypeMultifamilyLot Size0.56 ACProperty Sub-typeGarden/Low-RiseAPN / Parcel IDWHAV-000048-000023 Financial Summary (Actual)Year2017Operating Expenses$101,837Scheduled Gross Income$245,376Net Operating Income$134,870Effective Gross Income$236,707Pre-Tax Cash Flow$36,876 Debt & Equity InformationDebt TypeExistingAmortized Over30Loan Amount$1,660,000Annual Debt Service$97,994Interest Rate4.25%Down Payment$415,000

If that were to be comprised it could ruin you financially.

Send them to a financial advisor.

I use Ally financial for my rental checking and rental reserve account, about the best interest rates you'll find for FDIC insured bank accounts.  

@Janett McWilliams, I can say as a general rule that you will have better terms and more money to be accessed if you individually refi each property individually unless you have > 10 properties, usually >20. 

Speaking and shadowing that individual can help you avoid certain costly mistakes and better prepare you for your REI journey. 

Are they willing to pay you now for a background check and financial report?