Solid!

As far as financing - I personally like the local banks.

I wanted to know if there was any reliable in person seminars for real estate investmenting in Fairfield county Connecticut..any suggestions?

If someone injures themselves and sues, they will be suing the LLC and not you personally.

Est ARV is 100-120K (good school district and solid B neighborhood).I haven't walked it yet (I will next week), but according to seller, it just needs paint, flooring throughout, new kitchen countertops (possibly cabinets too).

Until you work out the bugs in your sysyems and procedures.Or, if you invest farther away, do a personal, physical (not Zoom) walkthrough of the property before you sign off on it.Surprises and out of state investments, don't make good bed fellows. 

Of the two options you mentioned, I personally love house hacking.

In total we will have 1 LLC and two separate trusts.All that said, I guess my questions are as follows:-We need to set up an operating bank account for renovation work for our new property, should we set this up through the trust, through our existing LLC or just pay using our personal accounts?

Personally, I find my deals on the MLS (in CO, IN & FL).

He has 2000+ units and a 200M development pipeline and is always in the news in my city.My ExperienceI followed him for months and spoke a few times in person at events.