Looking for protection; LLC helpful for an impediment for loans?

[Jessica Arnold]

Hi all, 

I have been LOVING the BP podcasts which led me to their website and all this wonderful information.  

My question is how people structure their business as part time/side investors? 

We own a townhouse rental locally in metro Atlanta that we manage ourselves.  We paid it off last year and have had wonderful long term tenants in it. 
In Feb of this year, we purchased a ST vacation rental condo on the beach in FL.

We currently have a $1MM umbrella policy and started a relationship with an asset preservation attorney because we are going to start looking for another long term rental in the north metro atlanta area to try the BRRRR method.

He is suggesting we change our JT Rev Tst to two indv Irrev tsts (with us as the beneficiaries) -> the trusts will be the owners of a holding company, multi member LLC. -> The holding company will own multiple LLC's for each property we own.

Conceptually this all makes sense. My main question is - is this going to make obtaining new loans a hassle? We have used loans for our other purchases and were considering taking a HELOC from the FL condo for our next purchase b/c it has gone up $200K in equity since purchase. Once everything is in an LLC i am nervous that obtaining new loans will now be commercial and harder to get or at higher rates.

Can anyone provide some clarity on if we are looking at this correctly, or if there is something else we are not thinking about that we should?  Its our goal to get to 5 investment properties in the next few years.

Thank you!!

Jessica