When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

This is close to a super popular area of a popular vacation city that is packed with visitors every week and weekend.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

Sounds like a very popular area.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

For these reasons, an LLC is a popular business structure for entrepreneurs and small business owners.

I meant more where they were more money, and less design. 

I came across a property that I have been absolutely struggling with making a decision on and would appreciate input or guidance.The property -The property is set on 12 acres (some of it developable) located and in driving proximity to a popular state park. 

There was a newspaper article about the building at the time of construction, that touted it as being 'state of the art' and 'advanced' design.

@Michael GermanoThis is one of the most popular financing tools for folks who are looking to make a foray into real estate investing with no or little money down.