I would say always be prepared to take action should an opportunity for house hacking come up!

If you’re not prepared for that, Detroit (and similar markets) might not be a fit.Older housing stock means more maintenance.

The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.

I'll do my best to let them know I'm prepared to sue in the event he keeps ignoring my legal requests.

To have your taxes prepared for EACH llc - and YES I strongly suggest you have a tax preparer for your taxes, one that specializes for Real Estate investors. 

Makes for very easy updating.As for out-of-state, @Daniel Hyman is correct that any competent tax preparer should be able to handle different state returns using easily available resources. 

We run scenario and sensitivity analyses to evaluate different outcomes, which helps us stay prepared for various market conditions.

Prepare for the Worst-Case Scenario If the insurance process continues to be delayed: Take the initiative to make permanent repairs yourself to prevent further disputes with tenants.

Be prepared for all the difficult things that will happen. 

That is a deal-killer for some groups and others will cut back leverage, so be prepared that way2) Make sure it is with a lender that is licensed in ID, it has some different rules up there so confirming ahead of time would be good.3) Include those monthly escrows into your monthly expense calculation, DSCR lenders do, so make sure you are on the same page4) With that, make sure that the lender you work with will go down to 1.0 on their DSCR if it is going to be tight.Good luck in your decision!