My ideal location would currently actually be Augusta, GA because I really want to start somewhere with a very low crime rate. 

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

Actually, to allow access it is an authorization. 

This actually seems like a great scenario for a 1031 exchange based on what you've said.

You may actually have it worse in NYC as opposed to the rest of the state, make sure you look up the exact laws and/or speak with a lawyer.

Hopefully someone else will actually have something positive to contribute, instead of a rude response that adds no value, and just adds to post count. 

What happens if at the end of the day I actually did have more than enough to be happy and all the stress (of the rentals) was not necessary....

Has anyone actually made money with this?

So while I have family nearby I want to minimize excess wear and tear because 1.