•Set up your EIN and operating agreement.2.Set Up Your Business Bank Accounts:•Open 3–5 business bank accounts to give your money purpose:•Income Account: For revenue and deposits.

Like I said, I'm not an accountant so you should probably talk to one.

Each multifamily building I have has its own bank account.

Prioritize deal analysis with metrics like cash-on-cash return and cap rate, and always account for expenses and due diligence.

Maybe just under $600k at 95% accounting for closing and keeping some (tight) reserves.

I'm trying to juggle this and some conference calls. hahahttps://docs.google.com/spread...Also, Account Closed thanks for contributing. 

I still think this is just like factoring accounts receivable .

It may create a problem for you later if your bank discovers the account is owned by an LLC that no longer exists.

Maybe look at numbers and properties you could do a potential house hack and begin to plot out moves but I don't want you to fall into the analysis paralysis group and never make a move, have people that will encourage and keep you accountable. 

Mostly people with minimal RE experience are adding a single ADU and they often make that choice based on cash flow without taking into account the negative equity position.