The advantage would be being able to eliminate flood insurance and have a larger profit margin.

His business is a Pet supply/Dog Grooming/Self-Dog-Wash business. 

Once I learn the business well, I’ll be back on the hunt for a larger facility next year.

If it’s a larger multi family I’d try to either bring on a more experienced partner or a property manager to help with some of the new bank’s requirements for experience.

I always recommend getting an LLC from the beginning, especially if you plan on building a larger portfolio.

So far I've only invested in duplexes in Atlanta but I think it's time to look at larger deals.

We also get a security deposit and charge a larger cleaning fee for long term stays.

Make sure the properties do not have health or safety violations, no biting dogs, no trampolines, security issues, force place renter insurance, communicate fast with kindness and no discrimination and you won't need a LLC. 

For larger apartment buildings it should be very easy for them to send you a P/L (profit and loss statement) for the current and past year/years.

What do you all think of a mobile home park converted into a tiny home community with larger yards.Rate would  be bumped up and sites would be converted to being available for tiny homes or nicer RVs/motorhomes.Standards would be part of marketing so that boomers and others wanting affordable but nice housing contexts would be drawn in.This would be one model - buying existing parks that are more rough and fully flipping it into this style.