And since it’s my first property, the accountant recommended against it.  

If you have a Facebook account look up Brew City Real Estate Investment Meetup.

Do you all have a separate account to collect your vacancy, repairs, & capex % for each property?

Account Closed would honestly have to know more about the property but around $100/month would be my best guess.

If they dont, or if it comes from a co-mingled account the tenant is able to get significant damages. 

Hi Account ClosedDid you ever pull the trigger on this?

This way you have immediately created separation and should something terrible occur and you be found liable / negligent, your primary residence and bank account are more so protected.If you purchase the property in your name, it’s a personal asset.

Rent collection is via my bank account.

I’ve been working as an independent contractor physician since Nov 2015 and had two years of income tax returns and had to submit recent pay stubs and bank account statements to qualify for the FHA loan.  

I didn't use an intermediary at the time of purchase and the funds were deposited into my account.