You can use services like LegalZoom, ZenBusiness, or Rocket Lawyer if you want a company to handle the setup for you.

Get it set up now and it will sit and can be used very quickly.

They haven't moved in, so I can't say much beyond the initial setup.

Oh, I also forgot to mention another fantastic and key feature of Landlord studio is the ability to set up bank rules which is awesome.

Quote from @Matt Barakett: Yes, a corporation is going to take time, money, and effort to set up and maintain.

that's not to say it can't be done, just that you'd really need to be getting things set up as you go. and on the passive side - i really think the more passive options, like lending or syndications, are for experienced, well capitalized investors. 

Moving from a multi-family (like your 3 units) to a single-family setup can offer attractive rents, especially when targeting college housing, but it can also be a tricky path.From what I’ve seen, success depends on local market dynamics and the specific demand for single-family vs multi-family rentals.

Most PM software allows multiple owners and once set up, automatically splits everything.We once managed a property with ELEVEN owners!

I set up an LLC to manage my properties, but it doesn’t actually own any of them.

Set Up Automatic Rent PaymentsGone are the days of collecting rent checks.