Joanne, There could be several downsides, but as long as you and your agent are managing the program, they can be avoided.A common issue many new investors run into is that they assume because their company was the most competitive on singles and duplexes, that company will be competitive on ALL of their properties.  

. :) If you have a per-visit-expense edge over others, then you can do things that attract more customers and then make more overall (in areas with competition).

@Monia S. this is actually great, there is less competition on LLC's owned properties because most wholesalers & investors are not willing to go the extra mile. 

One rents for 1400/mo. the other for 1600/mo.Yes, the market is extremely competitive, but the deals are out there if you want them.

We live in a highly competitive market, North of Boston and over the past 3 years have purchased 3 properties at what I thought was the top of the market. 

@Samuel MedinaIn such a competitive environment, you may find it easier and more efficient to close on one new asset rather than four separate acquisitions.

But it may be regional.Where I've lived, the only time the landlord pays is for special properties (rented fully furnished, for instance) and where the landlord lacks a way to meter something for each unit (most often water).

Check what your competition has to offer and the rents. 

I asked him for notice in writing and after a little back and forth with the "he said, she said" I got fed up and just terminated the lease myself with 30 days notice lacking anything in writing from either tenant.

If it is for an auction coming up, you may be surprised at the amount of competition at the sale.