I’ve attached a cost sheet.

They don't need a bank account as long as you have one in their town.

Good afternoon, Seeking first hand reviews of these banks if possible. would like to avoid wasting time with bad banks.

I would focus on ease instead of interest rate.Just use the same bank where you normally bank with and just create another account.I.E. if you bank with JP Morgan Chase, just create another personal account and just run transactions with that account.I would also create an online storage account where you can save your receipts. 

What if that LLC has lots more land attached then just the pads? 

My due diligence always starts with figuring out how deep they are into foreclosure and what other fees or surprises might attach if I have to take it all the way.

Quote from @Geoff Prickett: Anyone recommend a great bank or credit union for working with Series LLCs?

I gave his respone a VOTE - you should too:)Only thing I can add is keep this easy for your company:- Tenant rents are deposited into YOUR company account- Require ownership partners to open a partnership bank account your company will send owner draws to.

Meaning you don't get any protection out of it while you have to deal with it, move the tile behind the back of the bank, because of a low interest rate residential loan - or you a higher rate commercial 5 year balloon - risky for its own reasons.You will probably disagree with me here, but personally I believe that if you start out and buy a 200k single family with 20% down the disadvantages of an LLC outweigh the potential benefits by far.

I do wish tenant messages would allow attachments for pictures, so sometimes I do find myself texting tenants if pictures are needed.