@Emily Gowen so as you pointed out you would not have to do a 1031 exchange on your current home to avoid the capital gains tax and coupled with what Dave Foster pointed out I think, speaking from experience you would have a high likelihood of success. 

Maintain - includes taxes and insurance?

Thanks again for your input, and I'll probably reach out as I get further along in the process.Hi @Edward Zachary Samperio, the regulations aren't that difficult and I'd be happy to give you a quick rundown about the density limits, hotel occupancy taxes, permitting, etc.

It may be worth having an experienced professional helping you and you could always try to get the seller to pay your agent’s fees.

I was delighted with their service and be happy to do a introduction for you to my contact manager (I am not associated with the company nor do I receive a referral fee).No business cards but line of credit yes.Revolving LOC? 

A rent payment isn't enough to cover the DSCR payment, HELOC payment, tax, insurance, and maintenance.

For tax purposes, you really just need to have everything aligned to the schedule E categories. 

-Ray (see above) is the man and can get you hooked up with great rates and low-fees!

A genuine question here for you, who are you working with right now and how much are they charging you in fee?

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.