I do typically recommend individual bank accounts for each cell but I see some variance on this and you can sometimes forego individual bank accounts in favor of just a single bank account in the series LLC as long as you have strong bookkeeping that meticulously separates income, expenses, etc. of each cell (e.g. by using a classing or similar bookkeeping system).It is important to note, however, that TN has a franchise tax that requires careful structuring to avoid by ensuring that the entity structure qualifies for the FONCE (Family-Owned Non-Corporate Entities) exemption.

Values are still very reasonable and you can investigate doing MTRs for corporate housing or for healthcare professionals.Feel free to reach out if you need cost analysis on deals you are looking at or if you want to brain storm what if scenarios with some of the properties you are seeing out there.

I only lend to LLCs or corporations, and the property has to be a true investment asset.The reason is once it’s an owner-occupied home, consumer-lending laws kick in, and the compliance requirements are totally different.

To clarify for those reading the company is Prime Corporate Services out of Utah.

@Nick CoplandWe actually have a whole variety of clients and Our homes range from 1 bedroom apartments to 4 bedroom SFH.We do also Accommodate corporate clients and insurance relocations as well as other types of clients

Try this opener:“I run a housing business that serves corporate and professional tenants.

-Focused on long-stay corporate guests to minimize wear and tear.Scaling isn’t about buying more — it’s about systemizing what already works.Anyone else here growing through arbitrage or partnerships?

That’s true of all monopolies both government or corporate, and often even when 2 or 3 different entities have “divided” market share.  

Option B we buy a 5-6 bed house somewhere ( doesn't matter where) and live with three other people who would pay us rent and we would live there with them and we can do the apprenticeship and RN while we get into our corporate housing business.

Or private corporations run fire departments.