We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies. 

It can just be held in a savings account, no special account needed, but I always keep mine in an account separate from anything else.

@Andrew Watson I have a similar setup - One series LLC to One bank account.

For those of you that have good w2 income and want to take advantage of employer matching (100% return!), how do you tap into that money to scale your portfolios?  The way I'm looking at it, if my spouse and I only do...

•Set up your EIN and operating agreement.2.Set Up Your Business Bank Accounts:•Open 3–5 business bank accounts to give your money purpose:•Income Account: For revenue and deposits.

Easy to transition this to a property manager, or even have multiple people run the account, than if the account is a personal account.

Did anyone in one of the accounts die?

I already have a Stessa account.

this is where the gray area comes in with accounting.

I operate 14 properties from the same checking account.