Purchasing in an LLC does have restrictions, but I figure if I want to be a "big boy" in this game  then I need to learn to play like a big boy in this game (I know that's relative BTW, I won't ever be in Cardone's category). 

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There is a specific category where you can find many discussion on this topic:https://www.biggerpockets.com/forums/51-tax-legal-...Checkbook IRA LLC is a vehicle which can give you checkbook control over your IRA, depending on your investment strategy it might be good option for you.A truly self-directed Solo 401k option that Alina mentioned above is even better alternative, however it is not for everyone.

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I do for sure have sperate personal and business accounts...this is a must; however, I do pay multiple property bills from a single business account...tracking it is just a matter of creating property categories eg 123mainst:Electric, 123Mainst:Taxes, 456AppleSt:Electric..).  

Always look at the overall picture not just one or two categories. 

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I would try breaking that apart and including it in the applicable expense category (PM, CAPEX, Repairs, Vacancy, etc.)Overall though, I wouldn't be too excited about this property.