However, split systems are like large lego sets and the biggest margin for error with this system is reliant on a properly installed system.

Challenges like unexpected renovation costs and tenant turnover can arise but with proper preparation and management, you can achieve great returns.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Where can I find proper leads or wholesalers?

I'm not really sure how to properly screen tenants either.

When using this structure for investments, the key is to complete IRS Form W9 properly.

It was very complicated and cumbersome to set up properly and difficult to use.

The answer sort of varies on a few factors like are you self-managing, have you had a proper conversation with them over the phone, etc... 

I am now looking for advice on how to structure my bank accounts to properly separate my personal expenses from any expenses surrounding my house hack.

When done properly, they have a high probability of resolving the problem.