Tenant deposits into LLC which holds no title to property

[Samuel Johnson]

Hi Biggerpockets!

I recently closed on my first investment property in my name and will be renting it out soon. What I would like to hear from you is a.) what banks/software etc you initially chose to use for tenant deposits and b.) the type of accounts you set up to collect rent and if you use an escrow account for the security. 

OK, second part:

I have been reading about the pros and cons of forming an LLC and using a business checking account. At this point I am less excited about the liability protection and more excited about building viable income history. My questions a.) will tenant deposits into an LLC checking account (does not hold title) be considered business income? If so, b.) will this account work in my favor on future loans?

My goal in 2-3 years is to be able to double my efforts in purchasing power by utilizing my personal credit and business credit. 

Maybe I have it all wrong! Just looking for some good feedback from anyone that can help. Thanks in advance!