Bottom line, if you're operating as a business you should be keeping business and personal completely separate.

I typically operate within the residential space and have a few rentals.

Have you considered the potential of utilizing the "asset island" method for primary ownership of properties, and than via NNN master lease to individual operating LLC's for business monetization use? 

I noticed you are a lender who operates in my state as well, if you have some time available I think I would greatly benefit from learning what I can be doing to increase my chances of securing a loan and what lenders look for in potential clients. 

These asset managers operate the entire property on behalf of the investors.  

The borrower has a SFR, the are renting out to a tenant, who is running a Adult Family home/ Hospice operation.

There's a significant operational costs associated with condos with far less control.

Do you have income coming in from Canada as well or is this flipping operation your only source of income?

I'm not an educator whatsoever but I can give you an overview of my wholesaling and flipping operation here in Central Florida.

When someone pays me for an LLC, they are mainly paying for creating the operating agreement that governs the operations of the LLC.