Would transferring existing properties to new LLCs give each a fresh insurance history and keep them separate from other policies in case of future claims as well?  

Some banks have separate departments for business and consumer lending.

Do you set up separate sub accounts or perhaps just code it in QuickBooks.

As I know that these things play out differently depending on locality, the closer you are to my jurisdiction the better: Yardley, PA 190672)  If you give tenant notice to vacate after the lease naturally ends, and they refuse to vacate, do you use an eviction to get them out or is this a separate legal action? 

Will share details (seeking funding/partnership) about deal in separate post in the Marketplace. 

For example, more LLCs are formed in Delaware than any other state, and for good reason: business friendly, does not tax out of state income, low filing fees and separate court called Chancery Court.Take some time to research the costs/benefits of different states and make the best decision that works best for you.

It really depends on your tolerance for imperfections and whether you want risk having buckling/separation of planks etc.  

Any suggestions would be great.I'm self-managing at this time, so also wondering if I should set a separate legal entity for the managing part.

You should know the approximate monthly utilities cost for a duplex or 3-plex if not separately metered, how your purchase may or may not have an effect on the property tax bill the following year, etc.

We painted the entire property for $7500, installed stainless steel appliances in the smaller unit from our previous home, landscaped, we installed 3 windows into the smaller unit and installed a fence to separate the back house from the front house.