Banking Setup for Property Management Companies

[Patrick Tudor]

Hi, me and my business parter started a Vacation Rental Management company and have 2 warm-market-related clients. We are wanting to venture and take on new clients but want the correct systems in place. From my understanding, and correct me if I am wrong, a good method is to have seperate bank accounts for each individual client owned property. In which rent from guests go into said account. PM takes out money for property operating expenses and their commission - and then sends check to property owner. 

2 questions:

1) How does PM ensure each property's funds go directly into each property's account? Services like Stripe only allow 1 bank account per account.

2) Most banks require minimum balances to avoid monthly service fees. Are vacation PMs depositing their own money to maintain the minimum in client's trust accounts?