.. im not saying there cant be deals but you just have to weigh the risks .. that situation was pretty isolated .. the problem the banks had was they were dealing with somebody who read up on the laws .. so when he was offered a lease he decided to offer the owner a decent but hugely discounted price for a 5 year pre paid lease .. .. he knew that the banks could not show it to sell if it got foreclosed on and also knew that investor  in there right minds would  buy a property, not only sight unseen but then have to wait the remainder of the lease with no sorce of income ( remember the occupant had a 5 year prepaid lease ) and he then knew that nobody that wasnt a investor would pay cash for a place sight unseen and still have to go through a eviction process .. so that occupant worked the system .. which as a investor i was angry but as a eveyday citizen i couldnt gelp but to say ..hell ya.. you go.. its so disgusting what the banks got away with .. and still getting away with ..

I would just get a debit card then reapply every ~6 months.  

You can do it with just one bank account and one quickbooks account, but you need to set up separate classes for each property in quickbooks that correspond to each property and make sure each deposit/debit reflects the correct class for every transition.   

We have credit and debit cards.  

The cost to get into the property would probably be higher closing costs than you have here as it is based on credit, PMI prepaid rate, hidden loan fees, origination, rate paydown fees, etc.

@Delaney Mizell- thanks -  1) seller credits cant be used for down payment funds ...only can be used for loan fees/ closing costs  and  prepaid taxes / interest / insurance    2) with  3%  down program -  there is a limit to  how much the  seller  credit can be  so  check this with your lender   3)  down payment  can be  gifted  in most cases .....you  will likely  need  to have  some funds in place 

Sometimes mortgage fees, points, prepaid interest, tax prorations etc are incorrectly called closing costs - they are actually fees paid for a mortgage or prepaids.  

If another contractor is just a siding contractor, that rate can be $7.50-$15.00 depending on the state.Secondly, an Experience MOD will add a credit or debit to your rate. 

Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

Both the seller and I don't have $300k in liquid funds to bring to closing.My first question is: is there a way to show a $300,000 deposit as a credit on my behalf at closing (debit on seller's side), as if I put down a $300,000 earnest money deposit or early downpayment to satisfy the lender?