Is it advisable to have an account for each property?

I recently helped a friend who was in a similar position - looking to tap into equity for a rental property purchase in Phoenix.

This would be a joint venture with me offering to just provide a percentage of profits and equity in the property in return.  

If I were in your shoes, I’d focus on house hacking in Phoenix by exploring multi-family properties or using the BRRRR strategy with undervalued single-family homes.

Whether it’s helping a seller get their property in better shape for showings, structuring a deal that works for both parties, or connecting the right people, there’s always a way to add value.

@Autumn DeVaughnSince you already have experience as a real estate agent and property manager, you're in a great position to start investing.

Foundations actually don't come up that much in Chicago.... so many awesome brick properties.

The property had foundation work done just prior to the sale but continued having problems, even after I hired a second contractor to correct.

@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

It is a program that they do everything for you from finding the property, rehabing it, renting it or selling it in Philadelphia.