I don't want to scare you out of your deal, I just want you to be prepared for a scenario to handle more expenses down the road. 

How do you handle the registered agent question?

Good point on property management - I plan to handle that but you’re right, I should be paying myself. 

How will you handle the flow of the money and what will be the "face" of the entity/entities to the public (tenants, vendors, local and state government).

How is that handled.

One payment and one servicing company makes it easy to handle.

California since real estate is handled very differently in Maine compared to California.

If the IRA owns it and you live there, you may need to insured your belongings and Liabiity sepparately under a renters policy.  

A lot of new agents who are looking for training and guidance tend to land at some of the bigger brokerages like Coldwell Banker, Keller Williams, Braid & warner, etc.However, if you have a pretty good handle on being an agent you can find a smaller brokerage that is more personable. 

I live in Missouri so I would be long distance and need a property manager either way.