If each unit was available separately they would be work 150-200k each, maybe more. 

If you are viewing the late fees as a separate and additional "income stream", then you might think about reconsidering.

Would squeeze pages be utilized separate from the website or just keep it simple and have one functioning website available for both.

If the house needs A/C or a roof you could get killed if this hasn't been addressed separately from standard maintenance type expenses.Anyone else have some thoughts on this?

You should not use the existing EIN number.If your LLC is being taxed as a corporation there will not be a change in tax status and a separate return for the LLC will still be required.Hope this helps.

You have to have at least one account, and you can have any number of properties within the LLC, but you do not need a separate account for each property.

One of the biggest mistakes particularly with One Member LLCs is not separating what is business from personal.

I set separate goals for both businesses.This year my main goal was to purchase an apartment that would generate good cash flow.

Does each need to be a separate transaction or what?

If you own the property in your own name - liableOwn the property in the LLC - protected by LLC (this is not total liability protection, probably more risk than many are aware but that is a separate issue)If you buy the property in your own name and then later put it in to an LLC, you are personally liable for the period that you owned it.