Safer for sure.The main risk with Sub2 is that it's mortgage fraud, lenders do sometimes take the house when they find out.

Everything seemed to be going well and then... the water main burst at the property. 

Mainly looking for Turnkey flips and BRRRR opportunities.Apart frpm real estate, I enjoy Travelling the world with my wife, and enjoying different types cuisines and exploring medival european cities. 

Is anyone else frustrated with all the different hosts on main BP podcast?  

Mainly, I found that I wanted to pursue any and all opportunities on the side of acquisitions, wholesaling, and BFR communities. 

Answers my main question that people do have many, many separate checking accounts for each property - keeps line items separate for bookkeeping purposes.

I would still love to hear anyone's experience with them - mainly just to see if they keep their promises when the rubber meets the road!

But, assuming this is your main source of income, generally, I like S corp here. 

That is until we used a 3.5% FHA for a main house + ADU on 6 acres.

We have a break lease fee (we operate in Kansas and Missouri) and I know we use a flat fee and not a multiple of the rent (I think because that way the deposit cannot be applied to it or for some reason with local laws, admittedly I don't remember).The main thing is though that 1) it's in your lease and 2) it's in compliance with your local and state laws.