The accountant has to play "catchup bookkeeper" for the entire year --- but (s)he gets paid for it apparently...All that being said, there are other advantages to having an additional checking account. 

Something to decide on now is how passive of a roll you want to play in the deals.

So that can not play any part in your decision.

So long term play for appreciation is Dallas, Houston for cash flow.

If they can't/won't accept the increase, they'll move on and you'll find someone else.I don't play around with incremental rent increases stretched out over time.

The common advice is you have to hold on to it for at least a year to to qualify to play it safe though it's not stated in the law.

Any long term leases in play?

Playing with a multi-million dollar wholesale deal as an unlicensed, inexperienced wholesaler is asking for trouble.

They are typically given a 1-2% ownership for doing this and this can be the only role they play.

Played baseball there.My wife actually rented with a girlfriend of hers in a multi-family in Greenwich just off the highway down the road from Bar Taco, if you're familiar with that part.