Life/safety obviously should have no limit.

You should have local companies that will charge a nominal fee and be quicker.

Baselane seams to be more normal for transfer/deposit limits and you can create multiple virtual accounts for each property.

They are typically a nominal cost and absolutely worth it.

Another point, I have a W-2 income (spouse is stay at home mom) where I am already above the social security tax income limit.

And creating a separate management company does not override zoning rules, occupancy limits, or eviction laws.

During due diligence, the seller was firm on everything—limited cooperation, delays, and no willingness to grant even a short extension.

For those of you who started with limited funds, what approach worked best for you?

Minimum of 2 off‐street parking spaces available for guests.Vehicle limit: Typically 1 vehicle per 1-bedroom unit, or 2 vehicles for 2+ bedrooms, unless the Director approves more based on site conditions.Occupancy limits: Generally maximum of 2 persons per bedroom + 2 extra persons for overnight occupancy.

Please note, that I AM NOT saying that any of this is your intent, I'm only relating what I've personally seen occur with deals I've been involved in (note: I've never been the one to use a proof of funds letter in any deal).In times past, when I've seen people pay to use a proof of funds letter, its use came with the stipulation that if the funds actually needed to be drawn down on, they would be used at hard rates over very limited terms.