The GC is a business person who doesn't care about your ARV, LTV, or your budget.

So, yes, you can absolutely have a great rental business as an out of state ( and even international ) investor, as long as you have a solid team that are your boots on the ground. 

You need the right solution for your day to day operations.Your need is to make the management side easy, so that you can analysis your accounting, business and management all with only one entry.

I have experience investing (own 2 STRs and an assisted living home+business).

I only pay for BP leads and all other business comes from my sphere/referrals. 

Keep personal and business finances separate to create less headache.You should also do the following to make your bookkeeping easier:- File all receipts in a dedicated Google Drive folder.

Thank you so much for taking the time out of your busy schedule to post this. 

I remember after the GFC reno planners wanted to attract more regular businesses and get away from gaming.Great thread, thanks 

California needs businesses to start putting a lot of pressure on it.

When you say "we," are you speaking about your business or your personal tax returns, or does your business flow into your personal returns because you file as a sole proprietor?