The government auto deposits the rest of the rent directly into my account the first of every month

Same net to the seller, but keeps precious cash in your bank account!

The issue is most accountants think what he says on this topic is not accurate.

I also let him know that I would need 3 months of bank statements showing deposits going into his account from the business.

Yes, the closing attorney wired our funds, the buyers lender backed out, too late my money was gone and attorney claimed for a week her escrow account was frozen and lied about what really happened until I discovered it and confronted her.

However, this method often fails because it doesn't account for operating costs.

Especially if you’re interested in finding off-market gems.About your first few questions when it comes to bank accounts and loans, there’s no special “land flipping” bank account, but you want one set up specifically for your real estate activity.

.- Dealing with a very upset new owner client right now that previous PMC didn't handle the water account properly.

I think something is wrong with your account."

Hey Account Closed - Check out your competition with furnished finder that is where a lot of Medium Turn rentals list their properties.I have a MTR in Chicago that has been decently successful...whatever I have found throughout my entire life and investing career is it is never one property/deal that is a grand slam...Rather, the grand slam is done by hitting many singles and using systems and processes to scale your operation; the combination of scaling and experience in a niche of real estate allows you to hit unlimited grand slams because, unlike baseball, real estate is NOT a zero-sum game.