LLC's separate your personal assets from your investments and offer you protection from lawsuits related to your property, they can help to establish a more professional image if you plan to expand, and they provide some flexibility on how you are taxed.There are some drawbacks, included fees and administrative work, but it's ultimately best to consider speaking with a CPA to determine the best option for you. 

In any Joint Venture, the ultimate goal should be to create a Win-Win Situation.

Ultimately, it’s about what fits your financial goals and comfort level.

I would say 99% of my clients right now flirt with the lower PPP options and then ultimately chose to close with the 5 year for the big savings in rate/cost + general acceptance that rates will probably remain "sticky". 

We had one strong offer fall through (leaving us a small profit from their deposit), and another slightly lower that ultimately closed.Because the property was purchased at the right price, low enough, we were able to absorb issues, market corrections, and complications—and still walk away with profit.

The biggest thing is vetting the operator as they ultimately drive the returns.

These two elements often get overlooked in the excitement of deal-making, but they play a critical role in the long-term success and sustainability of your investment journey.A well-thought-out tax strategy helps ensure you're maximizing all available deductions, utilizing the most favorable tax structures, and ultimately keeping more of your hard-earned income.

REITs will see, private buyers will see it, syndicators will see it, and the exposure will ultimately get you the highest price the market will bear.

It will ultimately come down to the individual lender and their respective underwriting guidelines. 

It's ultimately the same property.