Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.

@Philip Anderson I'd recommend checking out @Baird King's meetup in Santa Barbara and @Kevin Aranha's in Ventura. 

Any recommendations on lawyers to talk to that can assist in advising on an LLC fund (if needed) and how? 

I would highly recommend a mentor or even paying a coach to get started.

If you’re doing a straight forward investment property purchase, I recommend you try to connect with an investor focused mortgage broker or lender.

Even so I would not recommend filing bankruptcy.

I recommend getting some help to make the process easier. 

I recommend two accounts: checking and savings.

Often don't have to be licensed, but ask.If you are serious about all this, recommend getting your RE license AND pursuing NARPM courses.

I'd recommend either being in Italy for some time out the year, every year you have property here, or have someone physically here (like me!)