I was also appreciative of Dave’s patience and exacting answers to any questions and was clear to me he has more than perfected his craft.The title company had a portal that collected all the documents and laid everything out in phases that I could log in at any time to see progress.As one who is extremely organized I felt I was in a safe space and knew any issues would be addressed.

which entity claimed the operating deductions and which entity claimed the depreciation?  

It turns out those laws intended to track terrorists were massively helpful in tracking money laundering for organized crime and were very effective at it. 

A spreadsheet has its place in your daily operations and tracking efforts, but I highly recommend starting with a software like QuickBooks Online to track your expenses in a more formalized manner.

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

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.

What is the name of the meet up organization?