I always thought the deals came first but even commercial bankers want to see a global debt before proceeding any further.

My parents are originally from Waterford and that is what brought me up here.I am currently a banker in Bloomfield Hills.

I have studied that some bankers can be lazy and to get a more favorable response for request of a loan, having your information you provide to them organized, easy to read can. 

Another downside to having entities is that it complicates your taxes, so you will likely end up paying more to your CPA to prepare your taxes every year and it will have an impact on your taxes (could be positive or negative) that you'll want to review with your tax advisor.Having an LLC can complicate lending, however it's really more about your relationship with your banker. 

Each new property would have it's own LLC in that State listing the S-Corp as the Member or Manager (Member shows ownership, Manager is appointed by the members to run the entity).Each LLC would have it's own bank account (if out of State, plan on taking a trip to set up the bank account and most likely, today, run into some idiot banker who can't figure out what is happening and give you a hard time opening the account since there isn't a name listed on the LLC and DE paperwork is not public record and won't show name as well, NV will and might make it easier if you registered the S corp here in NV but...

I come from the perspective of both an investor and a banker.

In my situation I have a full time job as a banker and work with real estate from the credit side, but want to start learning about it from other perspectives.

A banker made an absurd statement that you cannot buy a piece of real estate with these types of funds if you are going to benefit from buying said real estate because you are going to use the building for storage or in any way that you would benefit from.  

You may want to do this while you talk to your lawyer, banker & accountant about the ramifications of an LLC and your current situation.An LLC will protect your personal assets from claims on your rentals. 

But your banker will.