That way you can make your own systems and track if someone is actually doing well. 

Actually, to allow access it is an authorization. 

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Hopefully someone else will actually have something positive to contribute, instead of a rude response that adds no value, and just adds to post count. 

My ideal location would currently actually be Augusta, GA because I really want to start somewhere with a very low crime rate. 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Has anyone actually made money with this?

This actually seems like a great scenario for a 1031 exchange based on what you've said.

More on DSCR loans in case helpful: DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

You’d be shocked by how little actual screening many PMC’s do!