Quote from @Matt Wan: Can I purchase a property using a traditional mortgage without being physically present for any part of the process?

If you have checkbook control you’ll have a bank account with a bank that has FDIC insurance up to $250k per account.  

Financing options do exist: hard money loans, renovation loans, and some traditional mortgages can be used on distressed properties if criteria are met.

.: Decided to try to use Obie on a new acquisition because my traditional insurance doesn’t do new policies in California and the insurance agent recommended by my loan officer just wasn’t working fast enough (CA Fair Plan seems to be at fault) to meet our closing calendar. 

If you're using traditional financing on your primary residence, they're going to do another credit check on you just before closing.

Realistically, one checking account and an accounting system will meet all your needs and keep your business better organized than 7+ bank accounts.If you want to collect bank interest from excess cash, add a savings account.

Since traditional agent training doesn’t cover investing, supplement your learning with books, podcasts, and investor meetups.Good luck!

You'll have more flexibility with non-traditional lenders, traditional will all follow the same Fannie/Freddie guidelines.

They will likely want you to do all the traditional lead gen steps: cold call, open houses, door knock, etc.

Inconsistent Cash FlowUnlike traditional jobs, real estate doesn’t provide steady paychecks.