Thanks BP Please disregard inquiry.

A claim of lien may be disregarded if no notice of commencement of lien action was filed within 30 days from the anniversary of the date the claim of lien was filed."

On the tax prep side, all of the entities except for the top one are disregarded.

Not as many complexities with a few rentals, but there can still be significant issues depending on entity structure - even if they are all "disregarded" entities for federal tax purposes.If your W-2 is your full time gig, and they are all passive long term rentals, there very well could be likely not a lot of active planning to do on the real estate side, outside of getting some general knowledge out there, having some longer term plans, and ensure deductions are being maximized in the isolation of those 5 rentals.

Your credit score could be disregarded by partners or lenders if you have a strong business case.Hard money lenders typically focus on the property's value rather than the borrower's credit score.

Take special not to the term "disregarded entity". 

We haven't had any big change in scope, sold/purchased maybe 6 properties over the last 4 years but they fell under our existing LLCs, most of which are considered 'disregarded". 

Unfortunately, this has often led to a disregard for proper portfolio management, with attention diverted towards maintaining an image of dominance rather than fulfilling responsibilities. 

This may be easy enough for most states and their relatively simple tax regimes, but states like California, New York, Texas, Pennsylvania, and a few others have some quirks to them.For example, California makes disregarded single-member LLCs file a tax return, pay an LLC tax four months into the tax year, and potentially pay an LLC fee six months into the tax year based on estimated gross receipts.  

You're right, a CPA would be able to answer your specific tax questions, but I do know that as a single member LLC, the default tax status is disregarded entity.