I'm forming an LLC with another partner and I know that a single person can have 4 to 5 properties under his name when going through a standard mortgage process that is reported to fannie mae and freddie mac (aside from portfolio loans).I was wondering, when we purchase a property under an LLC, do we have similar limitations for the #of properties to own, or is it different?

Lastly, once you get all that set up, I would highly consider umbrella insurance especially if you have multiple properties, it bolsters the liability part of not only your properties' insurance but of your personal home and auto as well - once the liability limits on these policies have been exhausted that is when umbrella insurance kicks in. 

If however this is someone worth millions with a personal guarantee who just wants to limit cash down then their might be more security behind the second.Step 4 will the borrower cross collateralize the second note?

Hi, Was offered an opportunity to invest as a Limited Partner in a syndication and I'm looking for a SEC attorney in NJ who could advise me on the PPM offered.If anyone has used someone in the past and can recommend, it would be greatly appreciated.Sincerely, Manuel 

But, you could even tell them that emergencies (think water damage or structural damage) could be authorized without your consent.However, also consider if there's someone else State-side you could designate with a limited or durable Power of Attorney (which you need to do anyway since you're deploying).

@Craig Garrow I have a very, admittedly limited understanding of the self-storage business.

Advance aging will come and her usual activities may become limited, she will start needing help and support groups.

I have other retirement accounts that I won't be using as I don't want to be taxed when I withdraw money from them. 

You can just list it normally and say that it is occupied until Aug 2019, but as others have stated you will limit your buyer pool, but if you price the home competitively you may still get some offers. 

@Will Gaston my city limits properties to no more than 3 unrelated persons, but I regularly see housing advertised for 4 or 5 students.