Are you accounting for the cost of your time?

We’d prefer to not deed their interests to 2 separate SMLLCs as this creates complexities with having to maintain multiple bank accounts, etc.

Quote from @Kevin SobiloAlso, and sorry for all the questions- for our situation would you recommend consulting with a financial advisor or an accountant?

Las Vegans Paying Highest Income Percentage on Rent: Nearly 58.3% of renters in the Las Vegas area spend more than 30% of their income on rent, considered "housing-cost burdened."

There are a lot of factors that go into the pricing of a loan such as loan amount, purchase price, credit score, income documentation type and property type. 

My career has been in client services and tech sales to this point, but looking for something different and have had an interest in real estate investment from afar, but it always seemed unrealistic for a novice with limited disposable income.

In my opinion, rentals are best if you can get a house at a substantial discount to account for inflation.

Lending is all about risk mitigation. 100% LTC is risky enough, experience and liquidity in your bank account are the mitigators.Some would argue that the ARV makes it not risky.

I am using the RentRedi software, and it suggested that we receive rents using a business checking account and not a personal bank account.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.