Or do I need to combine each of the children and report the total net profit/loss of the parent series LLC?

I agree, the HELOC I just got was 7%, but gave me a combined LTV of 95% with my mortgage.I’m ok paying a little more in interest to have access to more capital.

Certain investors use a combination. 

If they got 75 percent cash out on a refinance that’s $225,000.....you can go to certain areas of the Midwest and put $20k down on 10 different properties.Or maybe they cashed out or borrowed on their 401k.Or maybe they did 10 deals in one year but there were wholesaling or doing notes..... or flipping .... or any combination thereof.  

So I can tell you insurance or repairs or commissions for each property or for all properties combined for the last 20 years (or any certain days in the last 20 years) in less than a minute. 

I am down for the Detroit one for sure though and we can combine resources and strategies and put some deals together. 

I was able to get 95% combined LTV with my primary mortgage.I’m in the process of using this HELOC as a down payment on a rental property.

Most people waste $30k every year on pure crap they don't need like $7 drinks at Starbucks every day.

I tried TenantCloud for its accounting capability, but found I liked the Cozy + QuickBooks combination better.

One thing I have learned is you do need to hop on a plane and go see these places or else it is a crap shoot.