It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

Add-on:  I do like that I can automate my late fees, no partial payments, etc.

I’ve got a few rental properties under my belt and am now diving into value-add multifamily projects to grow my portfolio.My focus is simple: build wealth, create opportunities, and enjoy the process along the way.

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.

Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?

I would love to get a property in the NW DC that is run down, add additional floors and then make it an apartment building.

I need more advice
Just now I suddenly had an idea, the land left by the LA fire and SB-9 (SB-9 allows single-family residential lots to be split into two lots)
Is this a good opportunity?

Just wanted to share some notes on my experience with RentRedi. 

Those on other sources of government cash such as disability often may qualify due to overall household income. 

Try talking to local banks who want to do business with you.