Then file, then you'll usually get a hearing in 2 weeks and win and then they have a week to get out (over simplified, but that's the general timeline around here).

Thank you so much for simplifying; I respect all of your opinions very highly. 

To simplify your life, I would no invest, in states where State Income Tax must be filed annually.

That manager has to be careful to follow the rules against self dealing - just as would an account holder transacting via a custodian - but they are allowed to administer the LLC and do things like sign contracts, pay for expenses and receive income into the LLC on behalf of the IRA.The LLC is not a requirement, simply a way to gain more direct control over the administration of the IRA's investments.In either case, one may not have any direct or indirect benefit - in either direction - between the IRA and a disqualified party (which I will simplify somewhat as the account holder, their spouse and lineal family).  

I now have 3 SFH that I am managing and looking for a program to help simplify my bookkeeping.

Without it, it is unlikely that you will be successful when attempting to communicate with the mortgagor.Wholesalers can utilize transactional funding to simplify the parties involved before the end-buyer closes the transaction on the tail end of the deal.

I will however, have a healthy equity position in the house.I want to continue doing deals, and right now the goal is to do flips, so that I can bank roll profits until I get enough to become a cash leverage player, rather than relying solely on financing through banks and HMLs.So to simplify, If I Buy and Hold this house, will I likely see my credit score decrease? 

Each deal has a minimum cash flow of 100 per partner per door (I will use 100 to simplify thing though each of these is really from 125 to 200/ per month/parter).

You can download a free simplified MF cash flow calculator on Joe Fairless's website.

I have attached a simplified floor plan sketch to illustrate.