---DSRC loans avoid this issue.4) Can't represent your LLC in court---You'll need to hire an attorney for evictions, Security deposit disputes, etc.If you need a business bank account, you can open one with a DBA, which you can get at the county.

This isn’t really a big deal though.Rent payments can be abated over unresolved maintenance issues and tenants failing to abide by S8 requirements.Many S8 housing commissions will not hold tenants accountable for damages they cause (tenant is supposed to repair or lose their voucher).

Setting it up as an LLC could also help keep things clear and organized.

This is usually the financials they use from their Accounting system and not concrete numbers but allows you to see how they are doing.

Taking the market rents, accounting for a 10% vacancy, the debt service, PM fees and everything else, it seems like I should be able to cash flow about $600 for the 4 doors combined.

You can't hold them accountable to the terms if they aren't on the lease.I would remove all of them from the rental and start fresh.

.,) and use QuickBooks for everything related to accounting/financials.

Do you know that most people have about $1k in their bank accounts and the average american has about $5k in CC debt… You are doing well my friend and time you appreciate yourself for it!  

You can set up an online account to monitor the bills and tenants payment activity.

Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.