In the past, in larger operations, there was a separate manager over those activities.It depends, and it is complicated.

function of the soil... its just not anything the folks that sell these homes talk about.. why would they same with RE agents.. however if you take trip there and drive around and look at vintage homes that are 99% of your rental targets you will see the brick work in the corners separating or filler in it.. sometimes its just a few grand.. but other times its a major issue.. as your plumbing is in concrete foundations..

It will require a separate inspection and getting inspections can take up to 2 weeks, plus.Best of luck to you.

Im keeping personal funds and business funds separated.

. - each unit rents for $695-$750 a month- almost always 100% occupancy - currently ALL bills are paid - built in 1930s but its actually been updated and in good shape- had a fire from a candle 1.5 years ago and that's the reason for the recent high repair costs etc. - 2014 net income was $25k - 2015 net income was $34k- 2016 net income projections are $40k- owns stove and fridge in all units- does all repairs and maintenance himself

And, that assumes self-management and separately billed utilities.Good luck!

I've heard that in Texas, the tenant security deposits have to be in a separate account. 

I find social media a powerful tool when it comes to learning about people, just obviously need to be able to separate junk and focus on what matters.

Also keep in mind a property will appreciate the same amount whether it is 100% equity or 100% leveraged.Investors need to understand first that cash must earn it's keep and second that every income property has two distinct and separate income generating streams.

The property manager has its own banking accounts for handling escrow deposits vs. rent checks - you will need to be familiar with the rules on separating the two in your state.