The current tenant was already in place when I purchased the building, and their lease is set to expire in a few months.

I am ready to take that next step towards F.I.R.E and set my daughters up for life!

This misunderstanding stemmed from incorrect lease terms indicating washer/dryer access when we did not actually have any washer or dryer set up.

If you can't perform to the new standard were setting, I strongly suggest stepping back and hiring one of us who are setting this new standard. 

We eventually plan on adding more properties and its not whether we should or should not create an llc, I believe we are set on it.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Once it’s set up, though, payments tend to come like clockwork, which is one of the biggest perks.That said, it's important to remember that rent isn’t necessarily guaranteed forever like a lot of folks assume.

What are your long term goals (eg do you want to buy another house) and do you have a large savings set aside for unexpected expenses? 

If I did set out to invest in the local area, I would scrutinize the numbers like crazy and be extremely conservative with my estimates.

With your VA benefits and tax break, you are really set to do exactly what you want.