You may want to think about working with a realtor or a really good attorney to make sure you are set up correctly to start off in the best possible situation. 

Separate checking accounts not required, but you need to maintain separate books and records.The TREC requirement is correct, but odds of enforcement seem low.

We need a significant retail price correction as a catalyst to change that, in WC at least. 

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.

Correct.

You are correct in that we are using them as our “boots on the ground” , GM of sorts.  

That’s correct.

@Tom Dieringer you are correct that they are similar services.

Roberto,I think you are correct no email in the string that I an find.Thank you for trying.John

Like aircraft checklists and vehicle operators manuals (the -10s), one can benefit from extensive research, trial and error, and deliberate improvement principles gained by the many that have gone the path before.