A better system would be for YOU to charge each applicant; you can still do it only but it provides you with a small firewall.

Together we can "fire" Wall Street and the leaches sucking us dry, telling us there "too big to fail" and how we must support there elitist existence so we can be allowed our pittance in return.   

Like you pointed out it will cause a firewall like break in the chain.

The LLC does not protect you from legal risks, it just firewalls it within the LLC (and that's not even guranteed, there are ways around).

FIREWALLS on doubles.

Will need to get a firewall.

You also want to put a firewall between your buy/sell risky projects and your portfolio projects held in the other entity.

@Lamont Marable find an investor friendly agent and you can get all of these questions answered for free from Someone that wants to earn your business.Adding units is extremely difficult if there is not already a fire suppression system in place or fire walls present.