I currently work in New York City doing investment banking.

They don't need a bank account as long as you have one in their town.

I would focus on ease instead of interest rate.Just use the same bank where you normally bank with and just create another account.I.E. if you bank with JP Morgan Chase, just create another personal account and just run transactions with that account.I would also create an online storage account where you can save your receipts. 

Good afternoon, Seeking first hand reviews of these banks if possible. would like to avoid wasting time with bad banks.

Quote from @Geoff Prickett: Anyone recommend a great bank or credit union for working with Series LLCs?

Simply put: we don't trust banks.

Banks around me are happy to sign extensions.

If you don’t have cash for a down payment, it might be safer to explore partners or join a group investment where you can contribute a smaller amount while learning the process.Given the neighborhood concerns, also weigh tenant demand and potential resale.

I gave his respone a VOTE - you should too:)Only thing I can add is keep this easy for your company:- Tenant rents are deposited into YOUR company account- Require ownership partners to open a partnership bank account your company will send owner draws to.

We were odd in that I was handling the "special assets" (non-performing loans) for a bank in Florida, so I came into it with a different perspective.