For me its the following1. copies of my professional licenses  so people can check up on me. 

That could be cutting a check or providing a place to stay. 

If there are any repairs completed my PM sends me the receipts from the vendor when they forward me my monthly account statement.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

.- thanks - an unused HELOC shouldnt impact getting approved ...check with the builder lender about this  as  there are some lenders that will use a ficticious payment for the HELOC  in  qualifying a buyer 

Staffing key people already there, front desk person, accounting person, all the third party vendors you need, all the training you need for your agents.All you do is recruit and sell. 

I plan on house hacking and was wondering if I should open a new bank account solely for the rental property transactions.

Or can they simply transfer the funds to my account?

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I do get the rent in checks and transfers currently to my personal bank.