It is not as glamorous and easy as it is often portrayed to be.

Many lenders will not do a DSCR loan unless cash flowing.

I see that a ledger is provided by the RentRedi softwhere, which is awesome, but I was wondering if anyone had insight in if I need to set up a separate cash journal and if so, what is important to include and how should it be formatted? 

An LLC can help protect your personal assets by limiting liability, and it also allows you to establish business credit early, which can be useful as you scale your portfolio.

It was just what we needed at the time and can definitely help shorten the learning curve! 

I don't know about Ohio, but I assume it's the same as in Michigan.That is not legal.

I keep hearing it is smart to "move" these to a LLC, but how exactly do I do that? 

While most MTR's do include utilities, it is negotiable in my mind. 

I have friends who are still stuck in the guru trap and swear by it.

It might not seem like much at first, but over time, it will pay off.