The NAA average for individually metered properties is $4,800.

I want all of the work done by licensed individuals.

In this process I've came across many individuals who own multiple properties with each under its own LLC.

Also, I don't know that you can have a registered DBA for an individual's name.

Well, I'd like to get opinions individual for this particular project with other peoples influence.

IRC § 1031 even addresses properties held for fewer than two years (only the periods during which the property was held are taken into account, unless it looks as though an individual is deliberately trying to “avoid the purpose” behind the code).The safe harbor, essentially, is something like that IF…1.

Some updates could raise rents- adding a communal laundry, adding separate heating units (currently all on the same heat with no individual unit control), etc.

We'll have enough for 25% down payment, plus additional reserves in the bank, but I'm curious as to the possibilities of actually getting a mortgage/loan using an LLC rather than purchasing through an individual. 

Also, many smaller companies and individuals cannot afford Fannie and other big lender listings.

If I go the individual route, I at least have good credit and at least could get 30 @ 5% (will probably at least get one more quote).