In other words, I already have a checking and savings with BoA, but I would create a 2nd savings account (within my regular account) and put all the rental properties last months and security into that account (combined).Is this the correct way to prevent co-mingling of funds, or what would you recommend?

Will I become suicidal after the 5,000th call?  

We deliver our properties free of both (noted as such in the lease) and then contractually make the tenant liable for prevention/termination. 

You might ask about a backflow preventer on just the tub.

Quote from @Makan A Tabrizi: Quote from @Marcus Auerbach: We try to get ahead of the issue by preventing it in the first place.

I really like OKC but it has tornados that kind of prevent me from looking further. 

Having a rock solid SOW can prevent many of the issues that arise during any project.

If not, there is a legal reason preventing them.

Send me a message if you would like a copy of our7 CRITICAL STEPS TO PREVENT A TENANT NIGHTMARE BEFORE HANDING OVER THE KEYS

There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.