The Plan

So, here's the plan. 1. Create an LLC. 2. Transfer my two existing properties into the LLC. 3. Grow accustomed to the paperwork, fee schedules, policies, etc. 4. In July, create a second LLC and transfer one of my properties to it. 5. In September, purchase 5-6 properties. Spread them evenly between the two LLCs. 6. When my credit permits, I'll cash-out refinance the properties and buy more properties, which I shall spread evenly between the two LLCs.
Reasons for using LLCs instead of personal ownership: 1. I'm worried about liability. 2. I want to keep my personal life (including my fiancée) separate from my business life. 3. I want to protect my business from my ex-wife.
Reasons for using multiple LLCs instead of just one: 1. I'm worried about liability. 2. See #1.
Am I being too cautious? Should I use just one LLC? Hmm...
Reasons for using cash-out refinance instead of leveraging: 1. My credit is terrible, so I'm assuming I'll be turned down for leveraging. When September rolls around, I'll try to get it. If I'm turned down, we'll go with the above plan. 2. As a veteran, I have access to a VA loan, which might or might not work for leveraging but will definitely work for cash-out refinancing. The VA loan might not be the best option, but I want to explore it on principle.
Properties I'm looking for: 1. Within 30 miles of my house 2. Costing $70k–$120k each 3. No HOA fees
I've already picked out the realtor. I'm aware that some people won't agree with my decision to use a property management company to run these properties. I totally understand why. Still, I'm in school to become a therapist, and although I am an MBA, I've no desire to manage properties. I'm willing to delegate the job to someone who does it full-time, so that I can focus on my clients.
So, when September rolls around:- - buy properties - rent them out - refinance ASAP - rinse and repeat, finance permitting