No criminal or eviction record.

Should I keep a record of what I did and how many hours I spent on the activity every day (and also other)?

You probably need to find a good DSCR lender or everyone is going to have to provide tax records and all that stuff to get a loan. 

Are your siblings paying market rent?

Court filings to evict tenants across Maricopa County, home to Phoenix, hit a single-month record of more than 8,000 in January.

If legal fees or eviction costs arise, they’re also deductible as ordinary and necessary expenses.Keep detailed records of every expense for accurate tax reporting!

Public Record bedroom number is different than the advertised bedroom number.For instance, Public record and tax assessor says 4, while advertised bedroom number on MLS/listing is 5.The listing agent insists that the bedroom number is correct and that assessor and public information are wrong.What steps do I need to ensure that the advertised bedroom number is correct?

It was first recorded in the Register of Deed on something like page 6. 

Again, others might disagree.a) Track Record: Get the entire track record for the strategy.

@William Coet, as noted, it sort of depends on where you are looking to protect liability.The most common reason I hear when working with investors who invest in a syndication through their LLC is honestly for ease of bookkeeping and record keeping.