The bank says we need to provide that person's permission to open up a CD in the name of the LLC. 

They can probably provide you with instructions, samples, etc.

By managing furnished properties, we are able to provide a valuable service to an owner who wants to be hands off, while also helping them earn more rental income than they would renting out long term unfurnished.Happy to chat and share more.

We are looking into purchasing cash and do some light updating but the county records shows as a 2/1 but the house is actually a 4/2.

Turnkey providers typically charge a percentage of gross rents plus a markup on maintenance calls.

Keep in mind renovation costs will need to be cash aside from your down payment and closing costs - I'd create a healthy buffer here.

As page 1 of the lease states- "This form lease is provided as a member service by the Chicago Association of REALTORS and is restricted to use only by MEMBERS of the Chicago Association of REALTORS and those who are party to a transaction facilitated by a Chicago Association of REALTORS member."

Purchase price: $146,000 Cash invested: $42,100 Bought through hard money.

I found a duplex that currently cash flows very well even with today's rates. 

If your sale is something large enough to split then a transitional strategy of buying a modest NNN for cash and then leveraging on a single family home, or a DST to absorb your debt might be just the fit for you.