Hi Kailis:You can have a 3BR SFR, rented to 3 singles, though it's not advisable, you can give each renter a separate lease.

Sale price: $2,300,000 Two separate contiguous parcels of land of approx 14 acres in Collin County, McKinney ETJ (Prosper ISD), North of DFW area, Texas.

If you’re going to be doing land deals, consider opening a business checking account; it’ll keep your personal and investment expenses separate, which can help a ton when tax season rolls around.

Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.

If you were smaller, maybe 1-3 projects going on at the same time, I would have suggested something more simple and free which is to simple open a separate checking account for each project.

I'm going to reach out to the broker but don't want to sound too much like the noob I am so I'm curious that since these are being sold together, will I have to look at two separate loans/closing cost or is there a way to do a package loan?

I also had two separate licensed plumbers check the plumbing for leaks and there are none.

Here's a totally separate piece of advice.

If the later, then set a timeline for say 5 years (don't care how long) and then sell and go your separate ways.I do have a business partner/friend on the investment side and we have three properties/ten doors together.

This separates just fine, without being bright.