Make sure to keep your business finances separate from personal ones, and use something like QuickBooks to keep everything organized.

They must be organized, compliant, have strong well-priced vendors, quality marketing and timely tenant relations.

A lay person buyer....there's functionally no way for them to tell.

Agreed, wanted something to get started on (not to mention that so many websites rate these background check portal and by the time I test them, they fizzle in features/functionality.

For example the building may not fall under the rules of the FHA if it is owner-occupied with 4 units or less, if it’s a single family home rented by the owner and you have less than 5 rentals, or if the property is operated by a religious organization or a private club.

That can include organized crime or criminals looking for someone to rob who won't call the police.

Code requires functional not fancy.

All security deposits are held in the operating account but our accounting system keeps careful track of security deposits and they show up as a liability on our balance sheet.I've not heard of management software designed to function in a specific state, so presume any would work there. 

Keep in mind usually smaller less experienced organizations will give you a cheaper option.

Confirm that the IRA LLC provider will prepare all of the documents needed to not only form the LLC (articles of organization, SS-4 to obtain an EIN) but also the documents needed by the trust company to process the investment of IRA funds in the LLC.3.