You should have a main account for each property and then most local banks will allow you to create sub-accounts where can store funds or separate them into those buckets as the rent comes in.

I’ve had an easy job, an overnight counselor at a group home that has allowed me to obtain mortgages for enough properties to be able to retire and go to limited part time work 4 years later.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.

Here's the 2007 table:http://www.irs.gov/formspubs/article/0,,id=164272,00.htmlThere are numerous deductions and allowances you can take that will reduce your "gross income" down to your "taxable income".Jon

Dunno, but that might work.Third, house hacking allows better financing rates.

We will allow you to do a holding agreement up to two weeks the "holding fee' converts to the 'first month's rent' upon deposit payment and lease signing within the timeframe. 

Hey Hemanth, You can structure this on a portfolio loan with partial releases allowed, as long as the portfolio can debt service at 1.00 with the total income and expenses from all properties remaining. 

Some deductions allowed by the USA will not be allowed by another country.

Landlord may need to file in the Bankruptcy Court a "Motion for Relief from Stay" which will "lift" the stay on the eviction process and allow you to get the Tenant out. 

I collected a bunch of MTR comps on furnished finder, ran the numbers, and found that for one my typical 1 br/1ba places, I'd get maybe an extra 15%, but only if I allowed pets (all the MTR comps I saw had noticeably higher rents if they allowed pets...I don't know if that was just a fluke, but it seemed pretty consistent).  ...that extra 15% I found was after I deducted allowances for vacancy and the cost of furnishing the place (though, I'm not sure my vacancy estimates were accurate)...