Checking or Savings account per each house

[Jason Scavilla]

Should I have a separate checking or savings account per rental house. I currently have 3 rentals (just closed on the 3rd one a month ago), and the rent money currently all go into 1 checking account. I have Bank of America and as a side note I will soon be maxed out with the total of 8 accounts with them. My goal is to have each house have its own account so each house pays for itself for repairs, lawn, pest control, etc. To be 100% honest I don't want to have 3 separate checking account with 3 different checkbooks and have to figure that out but I certainly can. I was thinking of adding 2 more savings accounts and just 1 checking account and then this way I can just cut checks as necessary and transfer the money as need be. I am open to ideas and to what everyone else is doing, also is there really any more of an advantage to savings over checking with the interest rates so low now anyways?

I know I threw a lot of info of back and forth about things and I understand both sides to just 1 account or multiple accounts. I just am trying to make it easier, I have a full time job and the 3 rentals are my "hobby" although I do want another rental house, lol.

[Bjorn Ahlblad]

@Jason Scavilla Sorry, CC's are credit cards.