I use AZLO (a subsidiary of BBVA) as they are free, 100% online (with physical ATM accessibility).

@Marcus MorrealeCanadians can often obtain mortgages from U.S.A. subsidiaries of Canadian banks - if they are purchasing in a state where that bank operates.  

Two different functions, are you familiar with subsidiary accounts and consolidated statements?

We want to set up our business as an LLC holding company with each property acting as a subsidiary LLC.

There are some benefits to having 2 LLCs in series with one being a parent company and the other being a wholly owned subsidiary. 

Taco Bell corporate all restaurants (best) Taco Bell subsidiary (for instance the 200 in Georgia are only guaranteeing the lease) Taco Bell large franchise owner in the business and has 150 restaurants all guaranteeing the lease.

The Holding Company has subsidiaries LLCs that manage/operate the properties in those states.

I found BU while doing some research about budgeting for rehab projects as one of my nonprofit clients recently started an LLC subsidiary and they are looking to have the LLC focus on home rehabs to generate revenue for the nonprofit.

Okay, it is slowly sinking in... so then what would each of the state (subsidiary/child) LLCs do? 

However, I'm considering setting up a LLC as a holding company with tax status of an S-Corporation, and then two subsidiary LLCs to hold my KS & TX properties which will not be S-corp status, just pass-through up to the holding company.