Every individual on the lease is jointly and severally liable, so they all get the benefits and/or consequences of the lease agreement. 

Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. 

I would love to network with like minded individuals.

The hardest part is finding that wealthy individual who is willing to loan you the capital for a portion of equity.

Every nonresident property owner shall appoint and continuously maintain an agent who (i) if such agent is an individual, is a resident of the Commonwealth, or if such agent is a corporation, limited liability company, partnership, or other entity, is authorized to transact business in the Commonwealth and (ii) maintains a business office within the Commonwealth.

That said- I’d love to hear the pros and cons of putting all properties into one LLC vs. each individual property being in its own separate LLC.Any insight would be greatly appreciated!

3) I have a small list and I am going to call each individual manually and personally.

I already have 8 fanny / freddy individual mortgages and would not qualify for 4 more.

I can guarantee a few things:1) If you wire the money, he will either ask for more or you will never hear from him again.2) If you insist you will only wire to a neutral party such as title, escrow, or a closing attorney – whatever is customary in your area, and how all legitimate loans close – you will never hear from this individual again.3) No matter what you do, you will never receive a dime from this scammer.I know you have a lot of time invested here, Chris, and 100 emails, but you really have to get over it and be glad it didn’t cost you anything.

Each of these team members will be designing their individual pieces and communicating on the overlapping areas to help ensure your entire project is what you want, it meets code and works well together.