Separate bank account, credit cards, signature blocks for every contract and document you are signing for LLC. 

Those funds should be held in a separate account.What specific responsibilities does the previous manager have to ensure a smooth handover?

Often times even where utilities are separate or in a single family there are utilities that are provided by the municipality rather than a private company.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

We have seen Brampton become a popular city for duplex properties as many of them have basement with separate entrances.

I would recommend looking at each deal separately so you don't talk yourself into buying a property at numbers that don't make sense.

I understand the cost of having to separate meters and purchasing additional water heaters and such will be hefty.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I would much prefer separate, maintained units.

Question1> Cash Out Refi LTV: Single assets versus multiple properties: If all properties are performing how many should be considered into 1 portfolio loan, or should properties be enter into loans separated then combined?