If so, will ceasing the use of this LLC as my source for consulting income remedy any issues as long as investment properties are placed under series after I stop collecting income from the Parent LLC?

My wife and I have 4 long-term rental units and looking for a better way to manage/track expenses/income.

Usually, I rent my rooms for long-term rentals with a minimum 6-month lease.

Lastly, I do recognize a  few names on here that responded. 

Your list looks good but as others mentioned it doesn't hurt to think long term and explore refi options as well.

Let me know if there are any established meetups.

And then I didn't call for a long time while we tried to manage out of state for the first year.

Its about 80% occupied by insurance relocation tenants and I’m currently getting 3 times long term rent

Converting your single-family home into a rental property involves several considerations to protect yourself and ensure smooth operations: Establish an LLC:Liability Protection: Holding the rental property in an LLC can protect your personal assets from potential lawsuits related to the property.Tax Benefits: An LLC can offer tax advantages, such as pass-through taxation, where rental income is taxed at your individual income tax rate.Insurance:Landlord Insurance: Ensures coverage for property damage, liability claims, and loss of rental income.Umbrella Policy: Provides additional liability coverage beyond your landlord insurance, offering extra protection.Deductions:Mortgage Interest and Property Taxes: Continue to deduct these expenses.Depreciation: Depreciate the cost of the property over 27.5 years, excluding the land value.Maintenance and Repairs: Deduct costs related to maintaining the property.Property Management Fees: Deduct fees paid to the property manager.Filing Taxes:Schedule E: Report rental income and expenses on Schedule E of your tax return.Separate Accounts: Maintain separate bank accounts for rental income and expenses to simplify bookkeeping.Lease Agreement:Solid Lease Terms: Ensure your lease agreement is thorough, covering rent amount, due date, late fees, maintenance responsibilities, and eviction terms.Legal Review: Have the lease agreement reviewed by a real estate attorney to ensure compliance with local laws.Tenant Screening:Background Checks: Perform credit, criminal, and eviction history checks on prospective tenants.References: Contact previous landlords and employers for references.Property Management:Regular Inspections: Schedule regular property inspections to ensure it's being maintained properly.Maintenance Fund: Set aside a reserve fund for unexpected repairs and maintenance.Moving Out of State:Communication: Maintain open communication with your property manager.

You could/should make your last exchange in to a state with no state income tax and make sure you also live in a no state income tax state when you sell that final large property.