•Set up your EIN and operating agreement.2.Set Up Your Business Bank Accounts:•Open 3–5 business bank accounts to give your money purpose:•Income Account: For revenue and deposits.

First Financial Bank has no record of having done business with Goodin Development.

Second to cash in the bank is HELOC cash because you can use it however you want (you just have to see it already in an account).

it also means their interest rates change with the Bank of Canada rate. 

Alternatively, if you leave your paycheck in your checking account earning .01% interest, there is no real benefit.  

Each multifamily building I have has its own bank account.

Banks who offer construction financing tend to be 75-80% LTC and alternative/hard money lenders will sometimes offer higher LTC leverage than that.

Quote from @Victor Correa: Have a deal, subject to mobile home with bank lien, Not payed off, Seller just bought 2 years ago & I am taking over but reading about the title transfer need consent from lien holder.

It's a banking and bookkeeping platform built specifically for real estate investors.

@Mike Terry sounds like a pretty good argument to go after the property, I think your question is more along how to value it, and account for the deferred maintenance.