Banking for Investment Property

[Jordan Theisen]

Hi all,

Recently I closed on my first investment property in the twin cities area of Minnesota where I'm also using it to house hack. I'm wondering how to go about setting up a new bank account for the property to keep my business and personal expenses separate. I've done some research but haven't found anything that fits my situation. 

I don't have an LLC and have the property under my personal name. Should I open a new personal checking account since it's just under my personal name or start a small business checking account? I just don't think its worth using a business checking account yet just for this one property that I'm also living in. Would using a personal checking account be okay? Curious to what you all think and would love some advice.

Thank you!