Separate checking accounts not required, but you need to maintain separate books and records.The TREC requirement is correct, but odds of enforcement seem low.

If not, buying a turnkey, rent-ready property could be a better first bet.

Yes, actively asking for investments on July 18th and revealing suspension of payments on July 20 seems a bit odd and poorly done. 

Profile here for reference: https://www.biggerpockets.com/users/amyb289It stood out as oddly out of place to me to the point where I recalled it and was able to dig it up tonight.Anyway, again...

@DeBret McGee IIYour best bet is to secure a deal with creative financing, seller financing or meter lease options.

I could maybe sign up with that theory if the GPs were using the side hustle money as a way of cutting or eliminating their fees & salaries altogether while they try to hang in long enough to hope for enough rate cuts to refinance or the market to unfreeze and let them unload at least at break-even, but I bet none of them do anything of the kind. 

If you are in a high fire zone, the California Fair Plan is likely your best bet.

Slight possibility it works out, but high probability it doesn’t - put the odds into your favor.

You will be tempted to go with the cheap guy , you may get lucky , odds are you wont . 

bet dollars to donuts its leveraged to the eyeballs.