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.

That just tells me they never started or completed any collections process AND I know they can't put a lien on someone's property in which the owner had no involvement and wasn't even on the signed work contract.

Lets hope we change a few e-mail accounts in the process...And as for Matt, now I know why I didn't get that job ;)

How does that process work?

., I truly would be interested in giving STR a shot but I do worry about being far away from it as well as new regulations being put into place (like here where we live they are in the process of pretty much eliminating any STRs completely).

I'm in the processing of renovating the two units from the people that did move out.

Stay patient, adjust expectations, and seek help as the process progresses, as one great deal can make up for multiple failed attempts.Good Luck!