Personally, I knew I wanted to do REI full time back in the day so I set up a little mgt co to run everything through, but to start and try it out a separate checking and savings should work great.  

I have had good luck in Colorado with "portfolio loans". 

We have 25 units in Pueblo, Colorado and 10 units in NE Ohio.

Naively  I purchased a town house through a co-op here because the price was cheap (55,000) but unfortunately the more I’ve researched it, I’ve learned they won’t let me sublet or rent out the unit when I’m done here, So when I move I have to sell. 

Lack of capital - Successful newbies: use FHA or Low-down payment conventional financing; Find a co-signer; Use 'gifted' funds for down payment; Save capital while working on their market knowledge and resources.Lack of market knowledge - Successful newbies: Use resources like BP and local meet-ups to stay current with market activity and trends.Lack of resources - Successful newbies: Partner with a local team of professionals - Wholesalers, investors, Realtors, lenders, attorneys, etc.

But, pay for your own title policy, don’t take the “free” one often offered and use your Own title co.

Easy answer, the governor knows that most of these folks will never pay this rent.Why not increase the funding for their HUD/Section 8 type housing co-pays for this period? 

I’d love to get into commercial development in the future and partner up with a construction co to build on land I’ve rezoned with the city.

There is a lot of coordination on the back end and your vacancy rates usually go up because you are a low priority for agents.There is a cost to using a PM company.

I have a separate bank account for my real estate activities @Jay Marz, as my accountant has a thing about co-mingleing funds.