You will incur interest charges on the money that you physically utilize from the account.  

I was curious if any folks who flip houses in the north have considered incorporating solar panels and / or heat pump technologies such as geothermal or air-source in their rehabs. 

I have read that it is very difficult/near impossible to issue conventional mortgage at a 4.5-5% interest rate if you are incorporated, due to Fanny Mae & Freddie Mac restrictions. 

Would love to learn about them so I can see about incorporating into my life/routine as well. 

@Mike Kulnich Would you recommend taking a real estate course online or attend a physical class in order to meet the required 60 hours?

My first deals I as very hands on in the sense that I did demo, installations, and other physical labor.

However I’ve reached out to my Previous lender and she stated the equity would be considered paper equity and I’d need to physically pay in 20% on my own before they’d remove PMI.

It’s definately illegal in unincorporated Clark county (which somehow includes several small towns, I guess they aren’t incorporated.) and within 600’ of an existing Airbnb in Las Vegas.

To answer your question: you should consult with an incorporation attorney to determine if single vs multiple LLCs are right for you as far as mitigating risk or other issues.Congratulations and I wish you nothing but success, Spencer.

I've advised clients  with multi-families that if you show the bank that you are majority owner (articles of incorporation) they will likely acquiesce to the change.