Is it, isn't it, I don't know, I don't think anyone can declare it either way in generality as what's a right and wrong fit is highly personalized to the individual. 

I would be concerned the applicant might file for bankruptcy if delinqencies continue.

When we got to what equity he was sitting on, the ability to consolidate things into commercial financing, he declared it a no-brainer and jumped on it. 

Also the owner could be in Bankruptcy.

So rather than add another “sounds good, has anyone done it” strategy, I’ll merely lay out an actual transaction I completed (a number of years ago), which combined RE and Business for greater profit.I purchased an auto repair facility at bankruptcy sale for $115,000.

They can handle defaults, debt collection and bankruptcy cases

"A BANKRUPTCY judge granted a motion TO DISMISS Van Gundy's bankruptcy case in Sept 2022 because she had NOT complied with obligations as a debtor under the bankruptcy code. 

Other filings, such as loan defaults, tax liens, or bankruptcy notices, can further signal financial hardship.Those are a few examples of some highly relevant docs.

please consider publicly traded REITs, returns beat the sp500 by 3-4% x 50/40/30 years and transparent/liquid/with very low, <1% default-bankruptcy rates

If the property in question is the owners personal residence, then ownership in an LLC may negate homestead law protections and tax reductions, as well as negate bankruptcy state homestead exemptions.Not all states recognize SERIES LLCs, and in some states series LLC case law is not well established.While insurance companies strive to “play fair” with consumer/personal residence claims, they consider investment property claims fair game to issue blanket claim denials until the insured hires legal counsel.