I invest in RE to grow my seed money quickly, and to take the returns in the form of cash, so I can move forward even faster.I take the profits, and use some of it to invest in stocks...but I treat the stock market like a bank account. 

Good day all,I have been listening to the podcasts for months now and recently created an account here.

Thanks Account ClosedI definitely didn't consider that, but you're absolutely right!

Historically anything in my life that has been worth a damn has had its fair share of obstacles to overcome.

In 2016 we used an accountant to do our taxes and ended up spending 10% of our income from the property.

That said, should I open a business bank account in my own name as a sole proprietor or create a DBA to protect my SSN? 

I tried to sign up with them a few years ago and they took many months to approve my account. 

I was buying court house steps in fort Meyers  new or near new homes for 30 to 40k cash at the steps in 093. my well documented clients in PHX AZ losing 4 plexs they paid 350k for in 05 and having them go vacant and they let them go to foreclosure thereby ruining their credit and losing whatever cash they had in them.. 2010 they were selling for 100k or less and still vacant.so on and so forth.As long as credit does not freeze the values have been reset .. those that were lucky or smart enough or came of age to be investors and bought in the trough historic low price points historic low interest  many paid cash as financing was still tough.. so as long as they don't drink the cool aid and refi out and leverage up you have the makings of a very strong asset base.. plus all the foreigners who paid cash there were literally hundreds of thousands of homes paid for in cash by Off shore folks.. then add in the half a million or more that were bought by hedge funds.. 

They haven't paid rent to our account for 5 months this year and keep saying they will address it.

I exchanged messages with another (very generous and informative) investor recently about seller financing and he described it like you, with the healthy down payment and slightly higher interest rate, but I couldn't wrap my head around a buyer with $25k in their bank account who can afford a higher interest rate and slightly higher monthly payments that couldn't qualify for a traditional loan.