Having a separate account to hold security deposits is a good idea.Having another account for business operations is also a good idea.There is zero risk in opening a bank account and it doesn't take that long so you can do it now or do it later.Good luck

We live in California and the income does not allow for many deductions (no deductions for kids, no education deductions, minimal interest on mortgage, etc.).

I don't think a VA construction-to-perm wholesale lender has ever even hit me up for brokered business.

It's a big part of my lending business.

Also the best businesses have some sort of a market budget typically.

We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.

We created an umbrella structured an LLC with Anderson Business Advisors.

First I was told that the unit was listed as for sale and that Zillow does not allow a for sale and a for rent listing for the same address.

Although the nightlife and culture (museums/food/music) was a great and calming change from the busy metro area, I felt isolated.

When I left, apart from the normal political shenanigans, it was very well run with a strong government presence, military renters, and organic business growth that wasn't dependent on tech cycles, credit crunches, etc.