Call the organizations and explain what you're doing and someone should point you in the right direction.

I’ve grown to like this cycle of “free capital!”

If you use credit cards, I recommend having a designated credit card that you solely use for the rental property as well.This will keep your transactions for the property very organized and easy to find for tax season assuming you don't already have bookkeeping set up.

I'm an educator, a personal caocher and business advisor and since my kids has grown up 10 years ago I started doing real estae in Israel, where I live.A few years ago we went into some 3rd party investments in the USA, as part of an LLC group of investors- one in Manhattan and one in Atlanta.Based on the experince I have with those market (as well as Newtom MA, where I lived for 3 years) I lately decided to choose Milwaukee as my next market, focusing at the moment on single family houses.I'm looking into 3/2 single familiy houses to buy and will be happy to work with local agents and build a team.

Specifically, I am unclear what the best way is to organize my subaccount; Do I open a new account per property?

Plus it better ties investment performance throughout the organization from property porter up to CEO.To your point, there are some vertically integrated operators that charge above market fees for their internal operations.  

We started with $1MM of our own capital, and have since grown to about $25MM through raising private money and utilizing bank lines of credit.

You'll be amazed at how it keeps you organized and prevents those dreaded oversights and costly mistakes.

Understanding the requirements will streamline the inspection process and make it easier when the time comes.Remember to keep organized records of all communications and documents related to the program.

Much like there's "organic" produce and "certified organic."