I'm a visual learner and this book graphically illustrates and somewhat simplifies the code's language. 

I looked at a cute 24 unit condo.

Purchase price: $40,000 Cash invested: $45,000 Cute home 5 minutes from downtown but in a country setting with a quiet, safe neighborhood and huge trees.

Deliver a clean, bright, functioning rental,,, is all tenants expect and will respond to.Write a good ad to start;  Nicest home in a walkable neighborhood, good schools, safe area.Then bullet point your ad:  walkable, safe, comfortable home, cute, newly remodeled.You are worried about once folks are AT the rental showing,,, you need to worry about GETTING folks to the showing with lots of great bright pictures, homey ad write up appealing to the wife who will drag the family to your showing.Do a cattle call showing, one time on Sat at 1pm or Sun at 1pm, just one. 

Purchase price: $155,000 Cash invested: $55,000 Sale price: $305,000 Cute, tiny home with nice finishes at an easy first time homeowner price.

With this house being to cute and close to the beach, I needed to be a good neighbor and consistent with area.

There are ways to transfer property after, but you'll have to consult with a specialist like @Scott Smith .Here are some graphical representations to help you in these decisions/discussions:Asset Protection Onion DiagramAsset Protection Decision Diagram

YOU have to make the choice if you want to be a REAL ESTATE INVESTOR or buy a house because its so cute and socially acceptable.

We live in California, but our dream is to eventually live in Portland in a cute bungalow house!

If you are going to do a stone countertop, check with fabricators in your area to find remnants that can be turned into cute counters on the cheap.