-Will it be robust enough to track additional business expenses that are NOT tied to a single property (IE; Business insurance, Home office, ETC?)

Now, I need from you a contact at a title company and a contact for insurance. 

A conventional renovation loans will allow you to use preferred contractors, requirements are they must be simply licensed and insured.  

The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

@Ana Escudero Property insurance renewals have been challenging the past few years, but there’s some stability with carriers heading into 2025.

Any recommendations for Umbrella insurance providers for each partner to cover any liability?

I had too many rush loans come in during that week the insurance and appraisal came in."

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

They also have blanket insurance coverage which is much lower then policies in Philadelphia.