The first option is an umbrella account with individual accounts for each tenant.

Thank you so much for the advice @Andrew Johnson Account Closedi'm very excited to learn more and more about this niche Lets Connect.

Account Closed Thanks so much!

What have you learned about your financing that you didn't take into account before?

Account Closed  Im done buying SFR. my plan is to buy multifamily local and long distance.

I was looking to connect with a local accountant/ cpa in order to file the LLC's taxes?

I am doing line item projected expenses and am unsure how to account for these costs.- Other than google searching comparable rentals, is there any way you all accurately project rents as well as vacancies for your areas?

I am in the process of selling my 1st piece of land and want to put profits into a account but I don't know which one will be more beneficial in the long run, Solo 401k vs Self Deferred IRA.

Account ClosedWhy use 20%, if you use the FMNA homestyle renovation loan you can save yourself 5% and only put down 15% , secondly your insurance is way too low and I would also factor in 5% vacancy ( not 10). 

This may be the most motivated you ever find a owner, as they usually know they are out of options.That said, Account Closed is absolutely right that it's still complicated.