I've traditionally relied on an Excel sheet, but it's not always convenient when I'm away from my computer.I recently came across an online calculator that seems to provide detailed metrics, including Cap Rate, IRR, and others.

Locally, FB is an excellent way to reach more potential renters, I'd start with the "NWA Rentals" group and "University of Arkansas Parents"Agree with the other comments that you need a better PM, if you don't mind the part of the work you're currently doing, you could leverage a local investor to help you show properties. 

--Short answer: It really depends on which state the LLC is formed in.Long answer:Here's one way it could be done and afford you excellent protection, even as a single member.1.

The examples were very real world and they even provide a lot of excel and word tools for different aspects of the process that I will now use moving forward.They have more that covered specific parts such as project management, development, property management, etc.

Read Ryan Snelson’s excellent post.My suggestion, to all that have been burnt.

Now I use Excel and nothing more.

Jacksonville will only continue to grow..check in with @Joseph Chiofalo he's a excellent local lender excellent at educating first time investors.

We wagered it would cost less if we just spent time sourcing the right people.

Wayfair pro line has excellent light fixtures and other items, that would look great in a STR rehab and help keep costs down as well. 

New York City is an excellent market to invest in - but you need to manage your risks accordingly and have a long-term focus.