#2 yes all tax docs technically go in their name but when I do a subject to they come to my address - AND my bookkeeper knows how much we paid and what that amortization schedule looks like to know what amount we deduct. 

Your tax returns will be a little more complicated and you'll need more diligent bookkeeping and operations to keep the LLC separate from yourself. 

My background is bookkeeping, so I like having the administration separate from the finances.

That may just be mature administrative bookkeeping.

The downside is that it usually takes 5 days for the funds to reach your account and also the lack of book keeping.

This way you can establish it all under one entity and one EIN - if you are good with bookkeeping you can also run everything through a single bank account, too.

I am taking my 26 rentals that have been professionally managed for 7 years and bringing them all in house. Right now I am managing 4 of them and bringing them in one at a time as leases renew - then I am going to hir...

Check out their book keeping system.

With a turnkey property, you are still approving the repairs/improvements (typically over a certain dollar level), you will be paying the real estate tax bill every 6 months, the insurance bill, the mortgage payment, and the book keeping for each.  

I'm not sure if you can work on a site as a volunteer regarding having workman's comp covering you.Insurance may dictate authorized personnel only.You need to know about getting utilities stubbed in, framing terminology, a good on time on budget electrician, plumber, all trades and an accountant for taxes and bookkeeping (as you don;t know how to track the house costs on the books for when you sell).Lein releases for your area, good subs from flakes and poor workmanship subs, and etc, etc, etc.You will not learn this in a week, but a few weeks around the construction site and youtube research might be useful---just don't ecpect the workers to take time to chat with you and teach you--they are there working hard earning their daily bread (beer).Good Luck!