It's almost identical to what my attorney told me.

Just doing some research today, units identical to mine leased out for around $895-$1075In any event, with a recent reassessment, my losses will drop to around $125 a month.  

At first he said his credit was bad because he had his identity stolen then when I later asked him about his credit he said it was bad because he owned 285 pieces of real estate before the recession hit.

The identical place across the street rented for 1500 mo.

I've already had my identity stolen once and don't want to do it again, that's why I have a really hard  time trusting websites these days (especially the "sketchy" ones you mentioned).

Lots of hassle for little benefit-the only real benefit is it hides your identity-if that really is a benefit.Generally, an LLC is Not necessary for transactional funding. 

Other times they are looking for personal information for identity theft purposes.Finally, there is a possibility this fellow is legit, but simply very new or awkward at what he does, however, my position would be the former and the latter would need to be proved before I shared any information. 

The trustee's identity is easily discovered.

The resident agent may be either an individual resident in this state whose business office or residence is identical with the registered office or any of the following having a business office identical with the registered office: (i) A domestic corporation.

Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial funding of the entityor fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books)Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Do not commingle personal and LLC assets.Maintain a separate LLC bank account.Execute an operating agreement.Follow the provisions of an operating agreement.Have LLC member meetings according to the operating agreement.Title property in the name of the LLC.Maintain insurance on LLC property in the LLC's name.Sign all LLC documents in the LLC's name, not the members' names.These steps will also provide a better defense against other creditors attempting to show you pierced the corporate veil.So,  put the money in the LLC's Book as capital contributions from your partner, and use the moeny for the transaction.Also, although I do not know the extent of the business you have conducted so far or will in future, you should consider electing S-corp.