Question for you (more of a memory-refresher, perhaps):  If we purchase a property with hard money, enough to cover the purchase and part/all of the rehab, and take a loan from the LLC, as you covered here, to cover whatever out-of-pocket costs we might still incur, would we be able to refinance both the hard money loan and the secondary loan from the LLC? 

You will see a bunch of syndicators there.Happy Memorial DayGIno

As long you clearly identify and track the expense per property (and you can do that in Quicken, with properties, categories and subcategories, or in Quickbooks), you’ll not need CCs and accounts per properties.Here are some graphical diagrams to help you on this quest (or confuse you further): - Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagram - Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2 - What is needed for complete asset protection OR the domains that need to be intersected to find asset protection

Most houses in the Poconos don’t even have Memorial Day weekend booked, which is typically a huge weekend and typically books up well in advance.

If the property management agreement doesn’t address it, ask your client their expectations and memorialize that in the agreement.

Find friends to share memories with and go other there and make them.

But Hey I lived through it barely and now its a distant memory and I dont want to get a stomach ache thinking about it today  LOL>> carry on.

So besides the stigma and memories of old tin cans, I just don't get it.

@Robert SchwenklerI only operate 1 STR which began Memorial Day weekend.

But there are many communities nearby which will allow you and your boys to make memories, and eventually you can retire here.