Pretty much all my tenants pay me via Zelle.If you have already created your LLC, you definitely should get a move on to create a bank account to go with it to preserve its corporate veil.Local/regional banks and credit unions are usually preferred when you are looking for nonconforming loans.Major deposit banks are no longer the main way to go for residential loans. 

In addition, your LLC will need to apply for an EIN which will again ask very similar questions.LLC by default are disregarded entities if there is only one member.LLC's by default are partnerships if there are more than one member.LLC's can make the election to be taxed as a Corporation.

Many people end up co-mingling their financing such that if the LLC was ever sued the plaintiff could easily pierce the corporate veil and come after your personal assets which completely negates the reason to ever have an LLC in the first place.99 out of 100 times, a good umbrella policy is a much better and cheaper option to protect your assets.  

You are at the point where you definitely need a corporate attorney to advise you on how to structure things going forward.

Also, I think the simple answer is just be able to refi within 30 days -- granted, perhaps easier said than done in some cases.Its the alter-ego issue of transferring the Title to the LLC as that pierces your corporate veil. 

Are you holding it in a US corporation or just as personal property?

As a result, you likely indirectly get the tax benefits of real estate.Investing in the S&P / REIT are corporations for US tax purposes and they pay you dividends/payment in lieu of dividends. 

I was in between going the corporate route and finishing up my real estate license to just pursue that and working with investors.

A good CPA will protect you from yourself here.You need a regarded tax entity (partnership, S Corp, or C Corp) at the other side of the table if you want a true self-rental for income tax purposes. 

Obviously there's much more corporate growth on the Dallas side than here in Fort Worth, but we still feel the impact over here on the west side.