@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

My love affair with real estate derived from my late mom who had a passion for buying real estate to build wealth.

Are your current investments in the area? 

Hello Bigger pockets just dropped the blog link attached with current hedge funds buying single family homes .

Your answer needs to make sense, and be true.Also refi'ing your current primary into an investment loan also has the potential to be fraudulent if your family still occupies it as their primary. 

She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.

As we wrap up the year and look ahead to 2025, the real estate market continues to present unique challenges and opportunities for investors, brokers, and lenders alike. From fluctuating interest rates to evolving buy...

My customer service sector manages a lot of my internal affairs and we've undergone many changes during this ongoing pandemic that have disrupted business.

Full disclosure - I'm a local resident currently actively looking to move away. 

It's best they be honest with their current landlord so he's not caught by surprise.