The management Corp can keep the reserve account and pay all the taxes and expenses.Also to simplify taxes and improve the asset protection and anonymity, I would have all these single member disregarded LLCs be owned by one WY holding LLC.

The blockchain is an open public ledger thinking it would be anonymous is like thinking the earth is flat

The fifth pillar is owning everything anonymously.

Generally it would be more convenient to create the LLC in the state of the property to avoid foreign filing fees, but if you end up holding the property in a land trust (which can be beneficial both for financing, anonymity and estate planning) you don't even need to pay foreign filing fees [because it is the land trust conducting business in that state rather than the LLC.]If this is your first time investing across state lines the best bet would be to connect with and experienced attorney and CPA to discuss your options and find what fits your portfolio the best.

I personally work with land trusts on all the properties I own because they can also offer anonymity and help you roll them into your future estate plan very easily.

Go to any gamblers anonymous meeting, or simply ask someone playing a slot machine, "why do yo do it?" 

Agent Trust (anonymity) .......................................................................Child Series A ..........................................

While we are probably at least 6-12 months out, we think that a more high-volume way to aggregate data might be to anonymously collect data from calculator reports.

The only thing an sole member LLC would do for you is 1) create a barrier between you LLC assets and your personal assets (again, good insurance would obviate the need for this), 2) give you some anonymity (your're not the owner, the LLC is the owner), and 3) make you appear a bit more professional.All that said, filing for an LLC in NY is simple and can be done online. 

The operating company takes on all of the liability that would otherwise blow back on you including: paying property management, paying contractors, collecting rent, marketing, etc.5th pillar is owning everything anonymously.