I currently have a bank account dedicated to my first property which I hold in an LLC, and I'm planning on paying out of pocket for the start-up costs initially but I wasn't sure if creating new savings accounts under my first LLC's Bank constitutes a comingling.

I plan on driving alot to find distressed or run down multifamily properties that possibly are owned by an out of state investor and reaching out however would like everyone's opinion or personal experience on some other creative ways.

For long-term planning, consider transferring the property into a trust to manage tax and legal complexities.This post does not create a CPA-Client relationship.

Sounds like you a have a very well thought out plan.

By tackling them early on, you minimize the risk of missing critical dates.In my experience, closing a deal within a specific timeframe requires meticulous planning.

It’s an interesting opportunity if it aligns with your overall plans.

I plan to use the 10k Club to make money by being a bird dog for times when I don’t want to go deep into the process to make a profit.

I’d also love to hear your predictions for how the real estate financing landscape might shift this year and how you plan to position yourself for success.

BTW there is a free trial and the Starter monthly plan is $119.It also allows you to search through consumer information such as property owner "credit worthiness," Credit card usage, buying power, age, language, family members in the house, and many other fields that are above and beyond property characteristics, which is unique.

You may not feel the need when you own just 1-2 properties, but it may be more relevant if you plan to expand.