Would help consolidate investing info 

The U.S. and developed world in general are undergoing substantial regulatory constriction, corporate consolidation, & demographic decline. 

He claims you end up paying more and staying in debt longer when you consolidate your bills.

Our original plan was to refinance to consolidate all of our debt then start paying it off as fast as possible. 

We have paid down the majority of our 6.8% rate loans and now have the option to consolidate the remainder at great rates.

Having an LLC for each property sounds like an administrative nightmare.This would result in having an entity for each property, multiple checking account numbers, multiple check books, possibly multiple tax returns, etcYou may want to consolidate multiple properties into one LLC.

I'd consolidate whatever debt I have and use the difference in saving and apply it toward the note and pay it off completely within 7 years.  

I'm in the same situation, trying to get a home equity loan on my owner-occupied duplex for some debt consolidation. 

That means you normally have a choice...Take a higher interest rate on all the debt (the existing mortgage debt and the student loan debt consolidated into it).Be 1% of the new loan balance more in debt by tacking the LLPA onto the loan balance, assuming sufficient equity to still be at or below 75% LTV.Write a check for 1% of the loan balance at the closing table.If I was going to redeploy those net cash out proceeds on some other investment with solid cash-on-cash returns that choice would totally be OK, but if I'm just nuking student loan debt then from a personal finance perspective those options all kind of suck! 

The equity paydown alone eclipses the value of the alternative investment within 2 years.This is the power of leveraged appreciation and equity improvement through real estate.Summary / Consolidation / ConclusionI am definitely over-simplifying what it means to hold a real estate investment property for 30 years.