I do for sure have sperate personal and business accounts...this is a must; however, I do pay multiple property bills from a single business account...tracking it is just a matter of creating property categories eg 123mainst:Electric, 123Mainst:Taxes, 456AppleSt:Electric..).  

You might be able to raise the threshold slightly to create better contact with the rubber bottom of the door.

@Ernesto Hernandez gave me a call randomly one day to chat about the Indianapolis market, and he's already doing big things out there and creating a TON of value for the community. 

Where do I get an purchase agreement form or do I create it myself?

My schedule is fairly open / flexible (some acting and restaurant work part time).Wife works full time.Have about 90K that we'd like to begin investing (real estate etc.)Our families live in Virginia.Wife is dual citizen in Colombia & U.S.I would like to make our money work harder and create passive income.

Has anyone invested in a newly created Opportunity Fund?

Ultimately you will create your own standard based on risk tolerance.

Anything is possible, it’s just not probable.The big opportunity in note investing today is the purchase of notes where payments are in arrears, or the note has a balloon maturity which has occurred, and modifying the notes to create a performing note.  

To create the LLC you can use incorp.com. 

This creates two challenges for me:1) I'd like to do moderate to significant renovations on the units, and my business partner plans on owner-occupying one of the units, so we would need to permanently vacate one or, depending on the property, even all of the units. 2) In order to make the numbers work I'd need to dramatically increase rents (by several hundred dollars/month) to bring them up to market levels.