Thanks Hey Patrick, Having a business bank account allows for clear separation of business and personal expenses.

Renting for $1300 per month with a $450 a month cashflow after expenses of Prop Mgr, lot rent($550) insurance and separate account for repairsLessons learned?

Every circuit should have a separate breaker according to code and safety.As @Jaron Walling said, it's a simple math equation.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

In that case, you would likely need several separate slabs, with some separation between them, versus a 200' wide slab with 8 garages. 

What I do in a reno is wire them with separate light and fan controls at the wall, so if you want the fan but no light you're not tugging chains.

There are a lot of townhomes being built in this area, which is a thought of developing those on one section of the land, and contractor garages separately where they could be slab on grade and more flat area.Thanks,

Capex is separate from ordinary maintenance.There are also considerations when buying an occupied rental.

Do we need to put the security deposits into their own separate bank accounts for each tenant?

I was particularly impressed with their desire to separate opportunities for investors based on experience.