Through efficient negotiations, we secured the property for $196,000 on favorable terms.

Is anyone able to point me in the right direction on how to do this correctly and efficiently?

Efficient negotiations secured the property for $158,000 on favorable terms.

Far too many investors spend way too much time, money, and energy creating LLCs or other complexities that serve no purpose.An LLC is useful for two things: anonymity and legal protection.

I would spend your time and energy being proactive and fixing the tenant screening issue rather than going after the lost rent and repair expenses.

This approach is more efficient, allowing you to network and find suitable professionals simultaneously.

The software interface isn't terribly efficient, but it performs its functions just fine)That said, I think there are some locks that have a wifi function and no fee, BUT they require interfacing with a smart hub - and the cost of setting that up combined with the amount of tech knowledge needed/potential for things to go wrong made me give them a pass.  

Focus on building equity in your new primary residence and continue to manage your rental properties efficiently. 

They have huge efficiencies of scale building the same floor plan over and over ordering the same packages of materials.   

But each technology needs to show why it should and will be adapted, just like wind and solar have, along with ESS (energy storage systems), in the US market.