To deal with the short comings of the background check in #1, I use the credit report to determine if there are any old addresses for the applicant in other states and then I go to each state's court website and try to search for the person by name.

When a property hits, you’re just plugging numbers in, not starting from zero.On the funding side, fast deals are usually handled with short-term capital first.

Generally speaking, it's best to have somebody nearby on the ground to handle maintenance and inspection.  

CPAs don't handle emergency funds, college funds, or brokerage accounts.

If the liquidity you have is already being set aside for a purchase outside of real estate, make sure your existing properties are positioned to handle unexpected issues before pulling cash out to fund the next deal.

Hey Dallas landlords,Quick question: How do you currently handle water leaks at your properties?

The best person for the job may not be local.I would also recommend looking for an accountant who will work with you throughout the year.

I would just open up another personal account.What type of account that you open will not make or break your business.

Curious how others are handling cleanouts so closings don’t get delayed.I have two folks I work with depending on size and scope.

Quote from @Blaine Cox: If I am part of a 3 person LLC and we are flipping a property.