@Marisa Faulkner also, make sure you account for self employment tax, which is an extra 15.3% tax on top of your regular income tax.

A good strategy is to compare areas and see which best suits your situation and then become an expert in that neck of the woods - find the best investor-focused realtor, etc.About your second question, I am not a lawyer or accountant so you will need specialist advice there. 

Vanguard prime money market taxable brokerage account @ 2.16% 3.

Should I have all expenses and income in one bank account?

@Kendall Smith@Michael Plaks is an accountant in your area.

However, I believe in most states if you can locate his bank account that there's an avenue. 

Did you complete a final accounting after the tenant vacated? 

Also, If I am house hacking do I still need to have a separate bank account?

I also am studying an accountant program, and I also want to change jobs into that field as it will double my personal income, and thus increase our capital and reserves, and also benefit our real estate journey through the knowledge I will gain.

Like anything else, just account for the costs in the renovations.