if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I am a father to one, she’s my reason to keep going and not give up no matter how hard or complicating it gets.

If you are 100% occupied (and trending) no need to spend money.

What is the best option for a landlord policy for someone who owns multiple rental properties(AZ and CA) and has no primary home or an auto? 

I'm not a CPA, no legal advice given.

Have your notified your insurance agent/company that you are no longer living in the property and that it's under renovation?

As I see it, the only ways that real estate pays you well in the first 3-5 years is low to no leverage or a strategy that requires more work (short term rental, mid term rental, rent by the room, etc.).  

It’s really weird up here, I tried reaching out on Nextdoor app and no body knew what a “wholesale” is.

Well, a lot of life happened and now I am getting back to zero no debt and I'll be renting for now and I am considering a duplex to buy cash or maybe land and some sort of unconventional home but still purchasing cash.