I look forward to meeting you online and possibly in person.  

Hello,If I plan to put no more than 2 properties under an LLC, do I need to create a separate bank account and/or email account for each LLC entity?

We have a two-day on-line class on exactly that topic in our fundamental curriculum, "The Essentials".

You'll also need to take into account... other purchase costs, cost of money (seller financing plus rehab costs and financing), holding costs and selling costs.In this example it feels like you could be all in close to $100k (assuming repairs are in the 50-60k range).  

I think this is the right place to make and keeps my goals updated, and to have feedback and  constant accountability. 

Nothing like that adrenaline rush from spending hundreds of thousands of dollars in a go ;)I like to meet my potential tenants in person after screening, start building trust and making sure I'm not a faceless bank account to them.

I typically will forgive some of the interest or penalties, then use a 10Bii calculator or online calculator to come up with an amortization schedule.

You'd have to account for what a fair rent would be for your unit, or try for a proportionate percentage (e.g. if you occupy one of three equal units, I think the 1% rule would be "modified" down to .67% to reflect your own living space.

My question is do I have to transfer funds to my checking/ savings account and let it "season" for 60 days before using it for down payment/closing costs for the purpose of getting a mortgage?

@Nick Zias, it's fraud because you have to sign documentation stating the money in your bank account that you will use for a down payment is yours.