Do note that you will need to obtain signed authorization for recurring debits and must operate in compliance with NACHA's rules.

My initial goal was to have property where I don't have to pay for a mortgage out of pocket due to lay-off risk in my job.

Your goal is to understand the situation fully so that you can make a wise decision about whether to continue doing business with them.I often see folks fire people for a single mistake which is a tough way to operate.

Even if Series LLCs are allowed, there are operating reasons that multiple bank accounts under one LLC is very helpful.

I think I am looking for someone to do taxes and give tax advice but I am 52 with a great job and would like some advice for investing / retirement planning. 

Great job getting in and getting going.

But you also really need to understand the market and how to operate in it.

Owners with strong operating histories encountered buyers looking for distress, and neither side was willing to give.

@Ruchi Patel if the walls need repair from damage, like painter will itemize special primer or cleaner so crayons don’t bleed through, then my understanding is you can charge them for that part of the job, but only if it’s an additional charge above the normal paint job fee.

No Job.