@Jessica Heller- contact  several  lenders on the  same  day - provide them  with the  same criteria -  get  some  quotes and ask the  questions you have  ...compare the date and the feedback received and then make a  decison on  starting the pre approval process 

When a seller refuses to pay the commission, then the investors MAY agree to pay up to 3%.I understand that the NAR requirements stipulate at least two forms or documents disclosing buyer agent compensation to both parties.I’m just concerned that we might be in a pickle in this process.

I have the land and am working through the process with the civil engineers and the city.

Real estate is a dynamic field, and adaptability can lead to discovering unexpected gems.Finally, enjoy the process.

I haven't heard of any landlords making a claim, so have no idea on how easy the process is.   

Recognizing the potential in properties with minimal improvement needs allowed us to streamline this process.

I recently considered switching to KeyCheck but decided to stick with RR for two important reasons: 1) RR allows for weekly rent collection, which is recommended by my real estate attorney, and 2) RR has lower credit card processing fees for tenants.

In process of doing a cash out refi on it now, 1 year later, and it appraised for $400k so I'm recouping my cash now and will build on the lot next door starting next year. 

Most of what they recommend only makes sense from an operational standpoint if you are a larger investor and have a team to help you manage everything.Also, ensure your REI-savvy tax pro and your REI-savvy attorney link up during the entity structure creation process so things are optimal on all sides.Just something to keep in mind as you're beginning this journey.Answering your question, you'll want a checking account (minimum) per subsidiary entity and for your parent entity.

This joint approach ensured a seamless process from purchase to renovation and resale.