I want to lean towards Series LLC due to the nature of it being easier to setup new "child" LLC entities under the main "parent" LLC, if i am understanding how it works.

If you are unable to qualify for a loan you could have a relative to parents cosign for you depending on the parameters of your credit.As always there is hard money lending but that depends on credit and other parameters.

Hi, We are looking to open separate checking accounts for each child in a Series LLC we just started in TN.

She gets the parents of these students who are serious about getting a real Profession and not just a 2 Year Degree in finger painting or Social Studies to sign the Leases with First, Last and Security Deposits.

We are expecting our first child in November and it flipped a switch in both of us that we need to start planning for the future.

Can you ask your parents, uncles, aunts, cousins to partner with you?

The best thing my parents ever did for me was 1) let me accumulate (student) debt to teach me the value of money, and 2) match my salary for my first summer job to be put towards investing (albeit in the stock market rather than real estate, but you get the point).

As explained before, the last one cost twice as much as you need to pay fee in two states.For outside liability protection you will need one LLC in a good charging order protection state (I personally prefer WY but there are other good states too, especially if you go the series LLC route).This holding LLC will be the main one holding all your other LLCs.Now if you go series LLC, all the child LLCs will be in the same state and each property owned by a local land trust.If you go with separate LLCs (the choice I have made in my case), then each individual child LLC will be in the state where the property is located.

You should review the power of attorney document to ensure it allows him to enter into such contracts on behalf of the parent. 

Like a lot of people, I read Rich Dad, Poor Dad and it changed my outlook on how I view my own family's situation and how I was raised by my parents when it came to financial matters.