The answer is always no.LLCs are overhyped, especially for people starting out with buy and hold and are not even running a real "business" (yet). 

Quote from @Sanjay Bhagat: BP is not in the business of tracking syndication performance.

You can get a shorter, simpler one drawn up by an attorney, I know some guys use a nice clean 1 page doc, but if you're going to be doing a lot of business in Texas it's good to get familiar with the TREC forms.

In general, my overall feeling was that Doorvest is good if you're super busy and don't have time to really dig into real estate.

If I were in your position, I wouldn't worry until proof of the contrary because you should be ok if the business is running well.

The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all. 

The leverage aspect is my business, the fundamentals of the business is via the DSCR loan so it must qualify and I don't tinker to qualify.Every market I am turning to is like this, and every bit market I've been in is like this.

James Wise is one of the most honorable people in the business.

You're in the business of flipping houses, so any self-employment taxes on the ordinary income most likely aren't being calculated in QB. 

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