Make sure they are just a investor so there are no ulterior motives involved.

While I am not involved - i have read the accusations and whether or not if they are true, that would scare me enough to stay far far away from anything they are associated with. 

The business part is worth nearly zero $’s more than the cost to recreate it. 

This is the onboarding process.The next issue we came across was "How involved do we want to be with the day-to-day operations?" 

I suspect this would happen if various parties were given the ability to ask questions in nearly every application for what this thread touches on - and I have major concerns about integrity (and credibility) issues involved in putting yourself in a position to defend this position if ever challenged. 

The best part is that its a free tool unlike many of the tax softwares out there.

I've had success simply informing the tenant that I plan to involve a collections agency as a next step if they don't pay what they owe.

Additional details on the Umbrella policy and how to manage contractor work and ensure being an additionally insured party to the GC policy were great.I intend to create one CA LLC (without moving properties to another LLC after renovation for renting), get a good umbrella coverage policy, and ensure renovation and rental guidelines (GC insurance, Fair Housing Act, etc.).

You mention a traditional STR PM agreement where the upside is shared by both parties.

The process is pretty simple, but it does involve extra steps compared to a traditional rental.