It was a home run investment.I agree about the passivity, but I question the projected return versus associated risk at this time.  

Without knowing the age and condition of the property, as well as number of units and whether there is currently cash flow coming from the property, it's difficult to answer your questions too specifically. 

Great question.

I ask questions:1.

I did a test asking agents on Zillow one simple question:"Morning ​C​rystal!

I think your journey needs to start off with the question: what is my goal in getting into real estate; and realize that real estate is usually a get rich slowly process where you will make more money on long term appreciation than you will on $200-300/month cash flow.  

Let me know if you have any other questions.

I’m working with Invecstors who want to sell a 4-plex and 3-plex together on neighboring parcels in Baldwin City, Kansas. Total 7 units, being offered as one package.

Would this be better financed with a commercial...

So the chance of becoming a slumlord is 0 if that's not in your character.

Good question, Tim, this trips up a lot of investors.Most banks will only refinance in your personal name, which is why people either (a) keep it in their personal name until after the refi, then deed it back into the LLC, or (b) work with lenders who allow entity loans (usually portfolio or commercial lenders).