And I'm having a hard time opening a bank account under the series llc.

I see a lot about BaseLane.

As a GP I do not want a lot of headaches either.

For a long time I have rented it as a section 8 property.

I know a lot of people who have made a lot of money in real estate here in Colorado.

Yes, it's not a bad idea to keep things in separate LLCs, especially when you own them outright.

If they had to install a meter to turn the water back on you'll get a missing meter charge of $300, but nothing else.

Is this a single-family home or a multi-unit? 

I'm a little curious about some of your assumptions: 1) Vacancy at 3% is very low (5%-8% is more common), 2) 5% income and 0% expense growth aren't realistic - more common is to have the difference between your income and expense growth around 1%-2%, 3) Paying P&I during rehab isn't common - normally this is setup as an interest only period until the property is stabilized and then do a DSCR loan, 4) A proforma cap rate of 9.21% is very high for this type of property (this more of a cap rate for a Section 8 property).

I live on a very busy street as well.