It's free, handles rent payments/reminders/late fees, maintenance requests, some reporting (e.g., P&L), tracking expenses and income, rental listings, lease signing, etc. 

@Alex ThomsenThat is Way too much and also in North Carolina there is some weird due diligence fee that is not refundable so be careful.

I personally like the credit card balance transfer check route, since it's interest-free for a decent amount of time (aside from an initial 3.00% fee). 

Different banks will have different lending guidelines, legal lending limits, fees etc.

My son did this for his first home and, other than paying for some lender fees and his home inspection up front, he only paid $11 at closing.

I thought better to terminate in the middle of repairs prior to them completing everything + Owe appraisal fees to Lender.  

I could be wrong but I think that is reflected in PM pricing (middle ground rate between an LTR management fee and STR management fee).

I will pay a fee if I do not continue with their plans(obv not perfect, but you get the idea).

The fees vary with the specifics of the deal.

Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.