New to House Hacking

[Jonathan Castillo]

Hi Everyone,

I am currently undercontract for a duplex in Austin, Texas. I plan to live in one unit and the other is already rented out.

I have a few questions as to what I should get done sooner than later.

1)) Do I need a new bank account to collect this rent?

2) Lease ends 3/31/20 what contracts do I need to keep them in there with a rent increase?

3) what other things would I need immediately that I wouldn't in a single family?

4). In case they want to leave, how would I go about getting a credit check or screen a potential tenant?

Thanks in advance