Class tracking/profit per project tracking is only available for the plus version, 40/month which translates to 480/year, well over the contractors robust desktop version.

In my mind, that translates into : "No, a piggy back loan is not a possibility."

Its more systems engineering and proj management than technical engineering.A lot of that can translate into what I want to do for REI in terms of building the lifecycle of  automated systems.  

I work in, arguably, the most regulated industry in the country (healthcare) and they can't say a thing about my outside interests (unless I'm unethical, and then it could translate to losing my medical license, potentially).  

Downsizing will not translate directly to rentals but if it does it will most likely be to conventional apartment complexes not SFHs or small multi plex buildings.

There are pros and cons to each, don't just assume assume which is better for you.......as Ned mentioned, learn the differences first.While Articles and an operating agreement can be amended, it can be more expensive backing up and heading off in another direction or correcting aspects that should or could have been accomplished from day one, with more thought as to  what the future may hold.You're giving birth to an alter ego, unlike kids, we can form the LLC to adapt and grow in as we want them to, it's the planning I'd say most miss.

However, I'm not sure how that translates when a third party comes into a rental home.

If the lease do not say it, then it falls back on the landlord...HOWEVER....here's what I would do to get them consider doing the right thing: Tell my tenant that the extra cost due to their unwillingness to upkeep the property will increase your operational cost and that will translate to increase in rent come lease renewal. 

I've read a lot of info, watched a lot of video, been to several seminars,  but I'm not really able to translate all this info from theory to practice yet.

If it's refinanced for $30, it translates to over $60k per door, which is extremely high for Indy market in my opinion.