Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

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

Yes, in theory a person can make CRAZY $$$$, and some absolutely do. 

We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn. 

If you close with a conventional loan, it will need to be in your personal name.

There are conditions that must be met.Also, I believe the taxes are higher in Richland County than Lexington County, but I don't like there, so I don't have personal experience with that.

Ideally you would put only one persons name on the mortgage unless you absolutely had to have both to qualify.  

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

@Antoine Black  In general, yes, it goes off your personal credit.