Hi Sean, yes I understand that each LLC needs its own EIN, but question refers for "Series LLCs" which is a different formation allowed in only a few states, Ohio being one of them.

Debt allows you to increase the velocity of your money. 

Hey Team!

This also allows the existing coin slots to be used so if the card reader or wireless has a problem you can still run. 

Growing areas (population/jobs), sports teams, STR attractions, colleges, etc

If there are no such rules in your area, I still recommend a separate escrow account for each tenant's security deposit; there are some banks that have "master" escrow accounts that allow for each tenant to be a "sub-account" under the master - this is also a good way (maybe even better if you scale up in size).

Yes, I have a designer on my team.

It allows us to pocket a pile of tax free cash from the sale of our primary.

Research comparable properties in the area to gauge pricing, rental rates, vacancy rates, and demand.Property Insurance: Obtain quotes for property insurance to understand the potential costs and coverage options.Survey: Consider getting a property survey to confirm boundaries, easements, and encroachments.Due Diligence Contingencies: Include due diligence contingencies in your purchase agreement to allow time for inspections, assessments, and resolution of any issues uncovered during the process.Risk Assessment: Identify and assess potential risks associated with the property, such as market volatility, tenant turnover, maintenance costs, or regulatory changes.Exit Strategy: Develop a contingency plan or exit strategy in case the investment doesn't meet your expectations or unforeseen circumstances arise.By thoroughly conducting due diligence, you can minimize risks and make an informed decision about purchasing the property.

It ismportant to keep in mind, especially if you are out of state and/or flipping or brrring, to have a team in place prior to help navigate as you go.