If you're looking for limited liability and tax benefits then yes.If you will be needing to get financing from a traditional lender then it may make it more difficult until you have a track record. 

After a few months, I will refinance with a traditional lender. 

They can go through underwriting, but a traditional mortgage will need a CO in place to close.

You can use your cash, private money cash as a loan.I'm sure you couldn't get a traditional loan given the condition of the property.You can buy with cash, fix up and then do a cash out refinance.I buy most of my properties with cash and it is much faster and less headache than jumping through the hoops that a bank requires.

There are two ways people typically do seller financed deals.Title transfers to buyer immediately and seller records a mortgage on the property in the same way a traditional bank would.

If you have all your properties in a single Traditional LLC a legal action can impact all of those properties, though it shouldn't be able to impact you personally.I often explain to people the "5 Pillars of Assets Protection."

Traditional financingUsed a local lender that doesn't require PMIHow did you add value to the deal?

My reasoning, traditional loans are easier to get if you have a W-2 job.

. $95k in traditional Roth IRA, $68k in 401k.

Other lenders have said similar things regarding down payment, and people or companies willing to finance 100% of ventures are looking more for fix and flips or wholesalers for quicker returns and a solid exit strategy.As we are doing this a non-traditional way, and would simply like to get the properties into our portfolio, and are not concerned with short- to medium-term returns for ourselves, we've come up with the solution of offering a 35%+ ROI using the NOI of the properties over time to repay the financer(s).