Are there any legal/financial ramifications if I collect rent through my personal Venmo account, then transfer to my business account for my rental property?

My goal is to reach financial freedom within the next 5 years.

My long term goal is to reach financial freedom by building a buy and hold portfolio that consist of single/multi family houses.       

Services You Can Shop ForTitle - Chain of Title $250Title - Closing Fee $1,500Title - Closing Protection Letter $100Title - ILAPLD (SB 1167) $50Title - Lender's Title Insurance $1,700Title - State of IL Loan Policy Fee, State of IL Owners $3Title - Title Update Search $125D.

As the trustee you then can open non-custodial account at bank, brokerage or any other financial institution for your Solo 401k trust. 

I looked at the financials and NOI is 54k a month and cap rate is 5 percent on a 4.3 million dollar investment. 

Current financial statements and of proposed transferee and its principals, along with credit reports, real estate experience and background for each 3.

I bought some property in Oakland and Richmond during the financial crisis- but I agree, things are a little hot in the Bay right now..

Anything above that range will be outside the financial grasp of most tenants so it will be hard to fill vacancies.

So should I:a) mail to the financially distressed homeowners anyway b/c they may not understand their optionsb) mail to absentee ownersc) mail to high equity ownersd) mail to probatese) you have a better idea!