You purchase in the name of said LLC.

They are farily easy and do nto require much to get started and the Max LTV is going to be 75% but I have seen some exceptions to 80%.Rates are subject to a few thing like loan amount, property type, number of units, credit score and downpayment.DSCR allows you to purchase with No employment and No tax returns so its a little easier. 

I purchase properties at foreclosure auction.

Just as speculation do you think there will be a demand for smaller scale data centers as AI sucks up more and more of the available storage?

I also want to purchase and repurpose unused spaces around various metro areas myself someday and I figured what a great way learn by helping someone else succeed.

At your scale, you would likely need to go full steam ahead and get the required licenses.

For those looking to scale their portfolios, now might also be an excellent time to secure funding.

Or should I buy several smaller properties?

I just couldn't find deals that allowed me to be all in after purchase and rehab for no money out of pocket like I used to. 

Purchase price: $600,000 Cash invested: $30,000 Sale price: $799,000 This was a very light rehab project