You wouldn't be able to purchase a MFH unit as separate parcels.I'd recommend gifting her the down payment and she can just buy the property on her own.

There is no way to completely separate it from the main part of the house, as it also has the laundry machines, furnace, electric panel, and storage areas I need to access.

For other readers, running the LLC accordingly and separate bank accounts/ accounting, etc, plus strong property insurances, auto insurance and umbrella insurance is what you are referring to?

Historically, members had to file, manage, record, and report each LLC separately which meant more paperwork, more cataloging, more expense, and more reporting.

My plan is to sell within next 2-3 years to avoid the capital gains tax and move than money into 2 separate properties. 

If the owner has to pay separately for scavenger/waste removal, and if you need lawn maintenance and snow removal, include all of that.

If you have enough that you can buy a separate rental property, I would do that and rent it out to non-family members. 

Hey BPI have separate LLCs for my properties.

The 1003 or loan application clearly states you attest that this is all the liabilities you have or know about and most loans to your LLC’s have recourse or require a PG (not all but often they do).If the borrower signs as an “individual,” on the mortgage or promissory note that is them as an individual pledging to repay, now if they sign as a Manager of XYZ LLC that is a different story (then there might be a separate PG document or perhaps its non recourse or not personally liable).Above is in reference to conventional financing and sure there are DSCR/rental loans out there or other types of products that dont care about DTI (non conforming products, hard money, private/portfolio etc).

All are hosted either by military members or recently separated/retired military:- Military Cashflow podcast with @Dan Wynn and Mike Glaspie (Mike is a real estate agent)- The Military Millionaire podcast with David Pere and Alex Felice- Active Duty Passive Income podcast with Kevin Brenner