You simply add the negative cashflow for X number of months into the cost of the project. 

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This is not a deposit but a fee for simply having the luxury of a pet at the home.  

Usually the management and simply collecting the rents requires a license.  

For that, you really need to check with an attorney or a cpa on which one would be better.But an S Corp is simply one type of entity.

Would it be easiest to simply form an LLC and associate a bank account with it since that's what I plan to do in the future?

Its common practice for many to purchase with FHA or VA (if eligible of course) terms, simply because they are more favorable in small or no down payment situations and gradually build enough equity to one day refinance out of the government backed loan into a conventional.

It does require establishing trust before you dive into the personal finances of others.When I ask, it's usually about solving a problem, needing to know to figure out what the seller walks` away with at closing, if the don't have a Realtor, they don't have a clue.Some deals require an equity split on the seller's side, for many different reasons, they won't know what they are getting unless you run through the numbers.Another is simply telling them that in financing the deal I have a few ways that I can utilize the existing loan and that could give them a better price (no, I'm not paying more for seller financing!)

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The information, education, step-by-step guides, podcasts, forums and knowledgable folks that are here are simply endless...almost overwhelming to be honest.I am currently in search of a brokerage to "hang my license", so to speak, but I'm not getting in a hurry.