My rental property has a basement.   It is not habitable with low ceiling and narrow/steep stairwell.  Hence in my rehab, I have put in a door that I intend to lock and not provide access to tenant.  I understand ther...

http://meetu.ps/e/FPrV2/zCpK9/a

You should consult a US based tax CPA/EA who understands (1) Inbound Taxation as it relates to the US (2) Real Estate Taxation and (3) Tennessee F&E Tax. 

Listen to or read "The E-Myth".

Some say it breaks the series veil and other say as long as you diligently follow the rules of separate account entries for each Series LLC there is no reason why a single bank account cannot b e used. 

In other words, what @Mayer M. is saying is that an individual meter should have been installed on each unit that was branched from the main gas line, that way the gas company could remotely read the usage based on the appropriate meter assigned to that unit.

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@Derek E. you could buy a house cash for that sort of cheddar 

You need to have a written agreement on how to split costs and profits based on you and your partners usage.

Here are my numbers at a glance for the 2 year mark...TOTAL NOTES: 251ISSUED & CURRENT: 175 (all $25 loans, A-G grade 6-28%)FULLY PAID (PAID OFF EARLY): 37 (my experience is this randomly happens, all grades will pay off loans unexpectedly. not a bad thing, just an observation)IN GRACE PERIOD (LATE ON CURRENT PAYMENT): 3 (ALL D GRADES, received payments equal to about half of original loan currently)LATE 16-30 DAYS: 0LATE 31-120 DAYS: 7 (D,E,F,G grade, 6/7 have paid about half, 1/7 is 2 months into loan(C grade))DEFAULT (IM PROBABLY ABOUT TO LOSE) : 1 (D grade)CHARGED OFF (I LOSE) : 28 (received between $2.50-9.50 out of my $25 before they charged off.