I have to agree with Account ClosedYou probably need more financing and more education before you buy an investment property.I would also call every bank to find out what their lending terms are anyway to get  more educated.Why not a 4 unit with another bank?

Account Closed how is the process going so far?

There is only one tax ID number for the Series LLC so the tax reporting if you are the sole member would be as a disregarded entity (pass through) and you would keep separate accounting records in your quickbooks to "tag" the income and expenses of each individual series (just like you would for separate LLC's). $1200 is expensive when you consider the alternative that I am suggesting is infinitely expandable at no additional costs for the rest of your life.

Account Closed with his educational content. 

Raising money from multiple investors through a SDIRA is a great idea but it will take time for your investors to open and fund a SDIRA account.

You can surely go through the "Education" tab under your account's main page that has some valuable links.

Account Closed I'm just looking for an offer form which is NOT state specific...perhaps you are confusing this with a real estate contract....thanks though

Account ClosedI am a Realtor in Greenville, SC. 

I honestly believe you'll end up with a ton of work just to get negative equity vs. your investment and a breakeven cashflow at best as you're not accounting for a number of major expenses in your pro forma.

If you are considering a larger multi-family, there would be additional things to check like employee records, reserve funds, review of bank accounts, environmental assessment, and more.