Separate Bank Account for First Rental Activities

[Amit C.]

I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. After that i am planning to leave that account just for the Rental activities to not mingle with personal account. I may go for LLC later in future after 1-2 years.

Below are some of my questions:

• Should i put initial amount just to seed the account to new account from my personal account? or is it not advisable?
• Should i take home warranty for rental property?
• Who is better for property manager in Memphis: Crestcore Reality, Renshaw, Reedy and Company Realtors?

Really appreciate for insights. And looking forward to learn.