Do I also need a "operating series LLC" set up in WY/TX, and in this case do I need separate bank accounts for each series?

Easy access to military bases, fort walton, and destin which is where most of the jobs are.

Since I live out of USA now for my job, I feel I am often taken advantages by our property PM companies with bigger maintenance bills, loose communications.

I love what I do on the day to day for my job and other side hustles so looking to earn income there to buy more long term real estate. 

I liked Nathan's reply because it is totally possible to buy rentals with little to no money down, but you should definitely have some sort of cash on hand for general operations and unforeseen events. 

Then about 18 months later I got an out of state job offer and left Arkansas and I decided to rent out this property.

For background info:*I have a trust that owns a holdings LLC, and that holdings LLC owns my operating LLC.

After doing a few jobs with others who are investors, I’ve decided to dip my toes in the game and am looking for flips or light-mid rehab and holds. 

Some lenders are okay with you changing the operating agreement right away and others will require a seasoning period. 

Hi MarkThe S-Corp is for the operations of the portfolio and the mother of the series LLC that is comprised of regular LLC's.