Using one LLC to own property, and another to manage

[Dave M.]

Hi All: I'm not sure which category this belongs in, but here goes... We are into short-term/vacation rentals (cabins) in Ohio. We have a 2-member LLC (#1) established last year that currently owns 2 cabins and provides all the management services. We are in the process of building two more cabins on a single parcel of land and I created a new 2-member LLC (#2) to hold that property. We got a commercial loan made to LLC #2 for land & construction , of course with a personal guarantee from us.

Question is... Can LLC #1 handle all the management of the properties for LLC #2 and run all the income & expenses through the bank account & merchant account of LLC #1. I didn't even establish an EIN# or bank account for LLC #2, but now the lender is asking me for one after we already closed on the loan.   

Also, can LLC #1 contribute funds to LLC #2, or does that require LLC #1 being a member of LLC #2? My fear is I already screwed up because we made a contribution of personal funds to LLC #1 (deposited personal check to LLC #1 bank account), then we pulled a bank check from there to provide our down-payment on the loan made to LLC #2 for the new cabins.

How bad did I screw up?  :(