Seems like Zillow tried the same thing and failed. https://www.wsj.com/podcasts/t...

He approached me about taking a low-interest loan from him instead of a bank.

Also, you WILL fail your inspection.

Today, is the 9th, and I just received a text from the gf asking me if they could pay this Monday the 12th because something is going on with her account for fraud and she has to go to her bank on Monday.  

Last year, the city required a bank statement, which was not overly difficult for me to produce; however, this year the city of Chicago required either a homeowners exemption or a state license showing the exact address and unit for the listed AirBnB. 

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

You then create a bank account for the LLC.

Investors thought they could extend their debt, but that doesn't appear to be the case with what has happened to rates.This cycle would have been a disaster if our banking system was in the same situation as 08. 

I left the free version of Stessa a couple years ago because of constant failed connection issues with my linked banks and credit cards.

Only one bank account needed, but you'd have to track income & expenses to do transfer and year-end accounting.As @Nathan Gesner mentioned, not really worth it.You two could also open a joint bank account for collecting rent and pay expenses, just be sure to track everything.Do NOT do what @Paul De Luca stated about transferring title!