From a bookkeeping standpoint, this makes everything a lot easier as long as each financial account is used the way it is supposed to be used (no commingling).I would just caution you to think about the functionality of that structure within your day-to-day business operations before pulling the trigger on it.Make sure you're keeping things as simple and efficient as possible.

NC is a trustee state, so a mortgage default will trigger the "power of sale" process as spelled out in the recorded Deed of Trust.

Are you aware of any online forums for people who are severely allergic to animals and who want to find a vacation rental that is less likely to trigger their allergic reactions? 

Rather than call and inform me they were going to trigger the default rate (5 basis points higher), I learned through a mailing.

If you did in fact sign and send in funds directly to the direct ownership entity and they then placed you in a feeder fund structure, it would likely trigger GP liability. 

I have identified the following people I need to have in place before I pull the trigger on a BRRRR opportunity 1.

But I never acted because I didn't have the money, knowledge or confidence to pull the trigger. 

Still probably won't pull the trigger---hurricanes can really kill your cash flow for very long periods...but will think about it.  

I’m having a bit of paralysis when it comes to actually pulling the trigger on any deals.

Does quit claim deed into an LLC trigger any title tax?