Hey John,I think you bring up some great questions and points.On 1 hand, you want to start investing and creating another stream of income, on the other being an agent won't get you the loan you need. 

If so, could you please share the bank contact person and/or attorney who created the entity/structure? 

This keeps the LLC compliant with state law for conducting business in the state and grants the LLC standing with courts of the state to pursue or defend legal actions.The question would be "does the activity create a business nexus with the state"?

Also does it have access to a road or are you going to have to create one?

I guess my question is...you and a few friends are creating an investment group for SFR's. 

It is created when you put leverage against a property. 

Just so you know, it will cost you upwards of $600, I myself paid more to remediate the mold that was created when your boys didn't take care proper care of the dryer.

I don't really want to put energy into creating another job, even if it is on my own terms.2) I struggle to see how investing, even as a JV partner, ever gets me to my passive income goals.  

The answer was that there are two reasons for the low price: one is that the owner is keeping part of the building and functions as PM what will create extra income for him.

Her LLC was just created back in December 2017, and she is listed as the registered agent, although the property (albeit a physical address) listed as the LLC's mailing address, does not show that she is the owner (could be renting).Surely a realtor with a track record wouldn't risk jeopardize her name for a measly $12k right?