So if your interest payment is $1000 then the servicer automatically ACH debits your account that plus the servicing fee (assuming you set up automatic payments as @Christian Ehlers suggests).

Do you know if there is a service, monthly or annual fee for opening one of these accounts? 

Quote from @Courtney Dettlinger: Your equity is not a savings account from which you can withdraw for free.

I understand that I need to account for taxes, insurance, and other costs—Should I go with a LML and then do a refi later on?  

Realistically speaking, except in very rare cases, I think it’s all about pictures pictures picturesMost people aren’t gonna have success  starting their own booking website or running targeted ads or creating some amazing Instagram account.

What you would most likely be doing is getting one like Calltools Or Mojo mentioned above, and then push in prospects or manually add them to your Podio account once they have responded with interest.I'm with InvestorFuse, we do have a solo person plan that may be a good fit for you.

Future land appreciation in this area might outweigh any tax benefits from buying in other areas, with a better (tax-wise) ratio.Before pursuing your plan, talk to a real estate accountant to figure out if you can, in fact, benefit from cost segregation.

Thus, they take extreme risks and look for corresponding discounts.Additionally, after the first position lender accounts for default interest, penalties, legal fees, foreclosure fees, accounting fees, and everything else, the equity in your combined <65% ARV loan can easily erode to zero.

Upon verification, the Landlord will pay you $2,000 cash, and both parties will sign a receipt acknowledging that your account has been settled.

How do you know there are funds have you seen actual bank accounts ?