Sorry, I do not have any direct experience with coordinating weddings, but we have been toying with it for us.

All expenses would go on each account and it made year end accounting very easy.Ally alerted us that they are closing our accounts due to our failure to "properly secure" our accounts.

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

Has anyone invested with ExchangeRight as I know they are not one of the bigger sponsors but their fees are the lowest from what we can see and its our understanding they get paid based on performance which keeps them motivated to manage properly.

Also buying new properties could allow you to create the proper legal structure if you haven't already.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Financially, the numbers make sense, but I need to have a proper inspection since this is my first home (and I'm going unrepresented) and the house is built in 1915 with some renovations that were clearly done by the investor selling the property rather than a professional.Question: Although  previous owner has owned the property for 3 years and rented to tenants previously, should I be concerned that the legal zoning is only for SFH?

But what appeared to happen is the payoff got increased to say $100k and now the transaction coordinators money is gone to cover the first and closing costs....What I do not understand is why was this even needed?

I do however believe proper coaching can accelerate you in a given field but this does not appear to be it. 

Get to get in, make sure its clean, everything is in good order, change out filters and such to make sure its done properly and also make sure nothing is broken