Get an umbrella policy for the LLC if you don't think you have enough insurance on the rentals.

Which BTW solves the issue of having contact information on file.

I'm sure you will need tools to find deals (eg price/sqft etc), estimate rents, calculate cash-on-cash returns, cap rate etc.

If you already use him, make sure you avoid talking to him on the phone (his favorite way to get you to forget everything) and get EVERYTHING IN WRITING!

Assuming you also have the cash reserves, $60k is 20% on a $300k property. 

While there’s no official A/B/C/D classification of Phoenix neighborhoods, here’s a data-driven breakdown of some of the best areas to invest in, based on median purchase price, average rent, and investment potential.Top Phoenix Submarkets for BRRRRAreaMedian Purchase PriceAvg Monthly RentAppreciation Potential (1-5)Cash Flow Potential (1-5)Maryvale$320,000$2,00043Alhambra$350,000$2,10043.5South Phoenix$375,000$2,20053.5Tolleson$360,000$2,15044Avondale$380,000$2,2504.53.5Glendale$400,000$2,30043.5Mesa (East)$420,000$2,4004.53Paradise Valley$1,500,000$5,50052Breaking It DownIf you're looking for the best appreciation potential:South Phoenix, Avondale, and East Mesa are seeing rapid development, infrastructure improvements, and rising demand, making them strong contenders for long-term value growth.If cash flow is your priority:Tolleson, Alhambra, and Maryvale still offer affordable entry points with solid rental demand, making them attractive for investors looking to generate monthly income.If you want a balanced investment:Glendale and Avondale offer both rental income and appreciation upside, making them ideal for investors who want the best of both worlds.What’s Trending in Phoenix Renovations?

You want to know of any & all problems before spending any additional funds on the property!

Please let me know your thoughts… or if I am way off base on what you were trying to accomplish.

It's a 1500-1600 sq ft home on maybe half an acre of land. 

How’s the response been on Airbnb and FF so far?