I greatly appreciate any comments/corrections you have on my calculation!

You are correct in that I will be putting the title under my name. 

He had the cash.I know, right now, prices here are going up like crazy, but I think a correction is coming, so waiting a bit won't hurt you.

You are correct it could take years, wealth growth is a life long process.

. ;-) NO comparison, you are correct.

You must keep the ownership percentage the same at all times and all income/expenses must be split according to your ownership percentage.Be sure to seek help of a professional who can guide you and structure this correctly so you can avoid violating prohibited transactions rules:https://www.irs.gov/retirement-plans/plan-particip...

If I remember correctly, the BP member also had a Property Manager (PM) in place.

QuickBooks is useful for keeping track of expenses (something most PM platforms give you as well), but it doesn't allow you to communicate with tenants, handle work orders, or sign leases online.

okay so overall question, I am assuming you cannot get a commercial loan for quad or under; so an LLC buying a quad would show up on the personal credit but a commercial loan (5plex or higher) would not show up but is still needed for the loan.am I on the correct train of thought here?

I reread your paragraph after typing this and I just want to make sure I have this correct, your current railings are wrought iron and just not high enough to meet code?