If you plan on holding your properties for the long-term and you have adequate cash reserves to handle any unexpected vacancies that may arise, then you'll make it through a short-term economic downturn just fine.

Not everyone will be a rising star. 

Setting up an LLC to invest in crowdstreet seems overkill if you are looking to shield yourself from liabilities that may arise at the general partner level.

They always have unexpected 'major' problems arise that will cause the flipper many sleepless nights. 

I borrow at low rates like you have available to you when I can to take advantage of other opportunities with cash as they arise. 

I might have need to utilize these funds for other reasons in the next year or 2 as well - if other investment opportunities arise, if we move into a bigger house, if I decide to go the self-employment/small business route. 

I would not personally ever invest in a property that did not have all separate utilities in light of the potential misuse/abuse  and non payment issues that will definatly arise.

From my understanding, the benefits of having an LLC are going to come into play most often for structuring partnership deals and litigation arising from issues on the property.

I owned the 2nd largest roofing company in Florida, and we did plenty with warranty...had zero issues arise....Multiple layers gets a bad wrap for no reason...mostly people just repeating what other people repeat...etc...

I manage my units using https://www.avail.co/i/NezdHad great results from day one very knowledgeable staff always willing to help and take care of any issues that can arise.