Even if they have a company website and supposed references, and if they are currently in the business the background check is essential. 

My agent, also an investor with say around 100 doors, expressed skepticism that sellers will be willing or able to break out these kind of details when selling a small segment of their portfolio, and cited the expenses of a CPA keeping track of 100 LLC's as a deterrent to keeping properties separate.I had assumed that it is a relatively easy matter to keep transactions for separate properties separate.

So there is no question in my mind all these folks that think Hey I will just help these people and let them invest with me while I do all the work.. etc.. run a huge risk.. and for what to buy some low value asset to make a few grand a year.. not sure like I said why anyone would do that.. but I suspect its taught at some of the note schools.. and we know gurus are not on the front lines of what is legal and not.other wise there would be no reason for the bigger established players to create 500 series funds.. no need at all they would just JV all the notes.. easy peasy... in CA you can fractionalize notes legally without securities but you need to be a CA broker or NMLS or have consumer finance license all these states have their thing.. that was part of my problem in Oregon..

I’d be happy to refer you if you message me.

It's really easy if you were able to pass all the quizzes during the course, you're fluent in English, and it's fresh in your head. 

Do you have any good books you can refer me to ?

They are llc friendly and much more easy to work with than other banks like Chase that will take a month to decide to do anything when they see the word trust in one of the member...

Just to make the math easy.. and you want 20k a month in cash flow  ( reasonable number the 10k a month is old news no one can really live on 10k a month these days)   at least on most of the coasts.. 

Also, be sure to google the names of the people you're dealing with, get references, etc.

For example, many prohibit building sheds, which is an easy value add.