But the property was built in 1900, so it'll probably need some ongoing repairs.  

Just keep on going.  

Whereas, I'm suggesting that your mortgage/insurance payments will be more than $800/m, and all your other ongoing expenses (vacancy allowance, maintenance, management, taxes and miscellaneous) will result in your net income being much less than $800/m.I'm not saying I'm right, but am suggesting you double check all those factors.

I also thought it might help with ongoing unit management as I am now at 5 units and hope to expand by 5-10 units per year. 

But they will only fund up to 75% (I ran my numbers on 80%) and will only amortize up to 20 years (I ran my numbers on 30).Obviously, since I have investors in the mix now, I can't NOT use the LLC but at these numbers, none of my deals make financial sense!  

But they will only fund up to 75% (I ran my numbers on 80%) and will only amortize up to 20 years (I ran my numbers on 30).Obviously, since I have investors in the mix now, I can't NOT use the LLC but at these numbers, none of my deals make financial sense!  

Any suggestions or advice on going through the process?

I'm interested in fix and flip to get started, then creating ongoing residuals through buy and hold opportunities.

Included among our many duties are the ongoing collection and disposal of residential trash and recyclables, as well as the construction, cleanliness and maintenance of our entire street system".

I ran into some mold issues and an appraiser that wouldn't do his job so mine took longer but I am told that most can close in 60 days.