Definitely use separate accounts, whether you have an LLC or not.Checking: receive rent, pay billsSavings: hold deposit and reserves for capex, maintenance, taxes, insurance, etc.When your checking account has more money than is necessary to pay bills, transfer the excess to the Savings account where you can build funds for a new investment.

Other fees may include your share of the title transfer tax and in some places, if it is a foreclosed home, you might have to pay for sewage compliance certification.

LLCs are overrated in small-scale buy and hold real estate anyway (in my opinion)Most conventional lenders don't care if you transfer title to LLC post close.

Also looking to set up an LLC but unsure if or how it will work since I had to buy the place in my personal name in order to get the loan and there is a due on transfer clause.

I'm likely going to be a Trustee and I'm wondering if there is any financial advantage to my Dad creating a corporate entity and transferring the house to the company, and then the company to the Trust. 

The tenant alleges they transferred the utilities on the 26th of May and left the house on the 31st.  

Also the HAP contract must be in YOUR entity name before you can request an increase as the sellers contract ended the second the deed was transferred. 

The bad loans of the Greek people were transferred from the shoulders of the investors in those big national banks to the German, French, Dutch, and Swiss taxpayers.

Yup, hit a lender up local to the real estate you are purchasing once you have that job offer letter or transfer letter, as applicable, in-hand. 

In Pennsylvania, assigning contracts can trigger realty transfer taxes.