Obviously VERY important, because you don’t want a bank coming back to you in a few years and telling you that the account is past due and they are going to foreclose on the house because the loan hasn’t been paid.

Account Closed In the past when I was a leasing agent I was always paid once they moved in.

So besides giving her an account of my watering frequency and length, I have not given her anything else.

When we actually look at the prices of Real Estate, that's not what we actually have seen.While I don't think one should take their personal experiences into account for fear of extrapolating a biased opinion, I see this scenario done ALL the time here on BP, especially when I see postings involving places like NYC where people are saying I wouldn't invest here because my personal experience shows that it is un-affordable.YES... that is true... it is un-affordable.... when you do it ALONE, by yourself.

So a brief backstory: army spouse, business/accounting background, moving several states (two time zones) away, four young children (6 and under), do not plan to work when we move (not anytime soon anyway).My husband and I only have this 1 property that was built in 2013 but will be looking to invest more down the line.

Originally posted by Account Closed:I agree with @John Warren on this one.

Funds from your exchange account are combined with hard money to complete the purchase and improvement of the new property. 

Or should it come to us so we have a tax record of it being inside our bank account?

You need to beef up your cash position to account for reserves etc ....

Leave them in the accounts to build up cash or take regular disburements?