So my question is, how can I utilize both in an efficient manner.

It sounds like maybe this PM is not perfect or a good match OR is not operating efficiently (common practice w/ PM).First, you need to see if your PM is up for the task to begin with, ie would you hire him today if he was not your PM?

The margins are razor thin and frankly, not worth anyone’s time unless you have the efficiency of large volumes.

You are onto a great start, and I agree with all the book recommendations, but especially with how competitive the current market is you need to be able to analyze deals quickly and efficiently.

However, it seems more efficient to buy one big multi-fam instead of hunting down a bunch of SF deals. 

Our job is to help you do your business in a tax-efficient way but not tell you what to do or not to do, especially buy/sell decisions.Yes, your new fence can be deducted in the first year using bonus depreciation, as long as you kept thorough itemized records of each part of the project.

From what research I've done, the most efficient method I see is to create a hub and spoke LLC system where each property is owned by a separate LLC (investment properties are purchased by the LLC and VA loan house hacks are transferred to an individual LLC upon refinancing). 

My question is how should we set up our bank/credit accounts to be the most efficient?

I moved from CA to Indy to get on the upside of the real estate market and make my west-coast dollars go farther - now, our team works directly with out-of-state investors since we have been there before, so it can be done securely and efficiently!

Manage my finances up to a certain point that is efficient and effective.