Your thoughts please on this being a bad or good scenario.2 br /2ba Townhomes currently owned individually with both owners interested in selling for individual reasons.. at about 70k each.

@David Sanford As you mentioned you will have turnover and repairs, but on the flip side you can achieve higher rents because it is possible to rent out rooms individually and you should have a steady stream of potential tenants with each new semester/year. 

My guess is that no more homes could be added as they are individual lots.

or since the LLC is a pass through entity, does it mean the individual who pays the tax?

., individually are unknown and cannot be ascertained after diligent search and inquiry so that the ordinary process of law cannot be served upon them.

My question is, do I need to sign and close on them individually or is their another option I'm unaware of?

I am assuming that the old rent and damages exceed the deposit so it is very unlikely that you will never hear from this individual again and just be thankful that you did not have to evict him.

I did just send a colleague request, but afterward noticed the individual hasn't been active for months, thus prompting the question.

Alex Winder If you get a multi family (or anything), and don't mind roommates, one way to accelerate your savings is to rent out individual rooms in your unit.

You could also join a local real estate investors network (ours here in Nashville is called REIN) to meet like-minded individuals that could mentor you.