We’ve discussed trying to separate utilities but the cost is substantial.  

Not always but a lot of the time they are emotionally involved in the property.

If you owned the property prior to marriage, is it your separate property? 

As the author of “Flipping Houses,” I must caution new investors that flipping a house is a difficult process filled with a rollercoaster of emotions along the way.

A separate license is not required for each individual branch office.

If you are talking about a security deposit, it should go into a separate asset account for security deposits.

You will learn along the way, but as long as emotions from a bad guest to the next guest are not carried with you (if you had a bad guest), then you will be fine. 

@Sean KelleyFannie Mae allows up to 10 properties per individual, so by keeping everything separate, you can have 10 and your wife can have 10 as long as you each qualify separately.Hope that answers your questionStephanie

This protects you from someone coming after your assets by separating them and it gives you the benefit of pass-through taxation.Here is a quick read that lays out the pros and cons of forming an LLC:https://www.biggerpockets.com/blog/real-estate-llc-not-best-option

We found a way to split the deal into 3 separate deals and spread the closing dates out over 60 days.