Also, does the required property insurance take account of your credit?

Just launched in November have 10 members, meet bi-weekly via a Virtual Call (Zoom), shared FB group and shared google drive docs where we keep each other accountable and provide constructive criticism.

Beginning with rent for the month of September, please pay your rent by depositing the entire amount into the following bank account at <your bank>: account # 123; routing # 456.

Post on your social media accounts, go into other Facebook groups and post, bigger pockets, craigslist etc etc etc....Always be Marketing and Networking! 

Jay, can you send me a link to their profiles.you will have to ask Mindy.. but I just got another PM from him  and it was from account closed.. so not sure how he / she managed that. still trying for that 800.00  which first was for PPI   private payment insurance then turned into application fee  

You can sometimes get an idea by looking at tax account as it will show mortgage but not always. 

Sometimes we have tax and accounting questions and need our taxes done for the business.  

We have a separate LLC set up for each of them and a separate business checking account to collect rents, security deposits and pay SOME expenses. 

Simplest is giving tenants deposit slips to your account at the local bank and write their lot number on the slip every month. 

@Christian Nachtrieb I don't do the collecting, However all of my properties that require an HOA payment collect from me either via an Automatic withdrawal (ACH) on the 1st business day of the month, or I personally do a monthly electronic transfer into the HOA bank account.