However, can your strategy work if all properties were purchased in separate entities?

separately, could i pick your brain about your adu garage conversion?

The time and energy and money and resources you use to buy a BRRRR primary home you can find 2 properties to buy.I would suggest exploring...at least EXPLORE it first...buying a primary home with a normal loan, ask about "first time home buyer" programs, and if you do find a good property then BRRRR that one separately.  

I don't believe there's a way I can bifurcate only the ADU into an LLC as the entire property is one single family home property for legal purposes, even though the ADU has a separate address for mail purposes.

I am aware that this isn't a place to mix emotions with business, which is easier said than done.  

I would manage myself most likely, and there are not separate meters so the last owner was doing an all bills paid gig. 

I want to acquire more properties and be more involve in real estate investments, I know about the parent/child LLC structure, but can I have a sole proprietorship as a parent and have separate LLCs for each rental? 

I am looking hard for a 2-4 unit property at the moment nearby in Ventura, but am pretty adamant that the units feel very much like separate homes for that very reason (e.g. separate structures, separate driveways, separate yards, etc). 

What I'm wondering now is, should we have set up a shared bank account or should we have set up separate business bank accounts that are dedicated only to the business and just split costs 50/50.

- Do you have a separate person inspecting each clean?