As I’m building my cash reserves I’m curious what types of account (s) should I hold the money in?

Samantha - for choosing an accountant, there's 20+ of us accountants on BP.

We have one bank account and our accountant just makes sure costs are allocated to specific property (classes in wuickbooks).

Im considering paying for the BP pro account.

I am looking for recommendations for an Accountant/CPA who works with newer STR investors at a more modest price point.

We are in desperate need of a great accounting software for commercial NON-RESIDENTIAL real estate.

I don't think having a pro account will necessarily "grow" your business. 

You also have to account for when payments are made out of the escrow account, such as property taxes and insurance.

As a Texas landlord or property manager, you can keep a tenant's security deposit in any account, including a separate savings account, as Texas law doesn't require a dedicated escrow or interest-bearing account.

Just put it in a designated account that is only used for the security deposits.