They would like around 2k a month preferably less but willing to go a little higher.

I think I prefer mentality, even though they are almost synonymous.

I thought maybe he preferred the tax benefits that selling the llc offered (?).

What we found is that different areas (even locally) have different preferred sites. 

We’re looking for a property that fits the following criteria:- Value between 18-28 million- Located in a red state with good landlord-tenant laws (Texas and Idaho are our preference) - If Texas, not near the boarder, San Antanio or Houston area.

@Taylor L. you make a really good point about Sellers likely wanting some sort of down payment to assure them that I'm serious.  

I'd prefer not to put my life on hold because of this.

He's got 24 with a few being multis idk how he does it but that's his preference. just signed a new 1yr lease and told current owner she didn't want to leave she'll just renew with new owner.

yes, its declining in all educated areas. but housing costs will continue to go up. in our Multifamily rentals, we will be upgrading everyone's living standards to assure we have upper-income earners as tenants, will be adding separate Electic Vehicles charging and 1st $100 of electricity for free included in the rent with Solar panels offsetting the cost producing the electric we sell to tenants. also adding Smart building ready FOG network for security and looking at new Smart Toilets the five-star hotels have been installing.

This type of loan product prefers LLC vesting and is designed for investors but 6 partners is tricky.