Then start doing a "deep dig" because you are likely  ill-informed about LLCs.Good catch @Russell.

Is there a recommended book out there that does a good deep dive into proper due diligence and other important items like determining reserves?  

Sure you may find a oddball who “doesn’t care” but even they deep down inside do care. 

I went to the planning and zoning meeting last night and breathed a little fire, but these sorts of things make acquiring short term rentals very risky.  

At a recent turnover, I got 3 rooms of carpet cleaned for $24. 4 hours of deep cleaning from 2 cleaners for $60 and HVAC ducts and returns deep cleaned for $170.

This states the home has been approved and available to be a rental.And some of these must be applied for every time a tenant moves.So check your state laws.There are Landlord Tenant Laws, Building Codes, and laws that are not laws at all but based on a Judge’s opinion of whether or not a tenant did wrong or not.For instance, normal wear and tear.Judges have various opinions on what they deem normal wear and tear.This is an Industry of thinking skills.This is an industry of holding your temper and implementing your lease agreement no matter what.You need to think like a Judge.You need to think reasonably.You need to be a good listener.You need to be in control.Once you buy a house you need to know how to keep that house and how to keep your tenants long term.You need to know how to be all things in order to keep your tenants happy, yet make them know the rules of landlording and how to be good tenants.I always say that one is only as good as the tools they have.You could be the greatest landlord in the world in mind and action, but if you don’t have the equipment, or the education, or the money to invest in the proper tools to make you successful, then you will never make it in this business.It takes my breath away to read the stuff on here by new investors.And I understand that how can they know what they do not know?

When I got tenants in, I aggressively built up a $15,000 reserve before I gave myself any breathing room.Nowadays, I make sure that I have $15,000 + $10,000 per property stocked away in a high yield savings account.

I took it down, deep cleaned the unit, added handles to the cupboards, and purchased a Modem and added internet for $30/month. 

I started deep diving into BP a month after closing on my SFH I bought using the VA loan.

**mini footnote:  A wholesaller is similar to a Real Estate agent, but without the fees & deals worked are always off market, exclusive deals.It was extremely competitive and very exciting and I learned a whole lot.One of the challenges with the market in Madison County is that there are many many deep pockets not only in the area but also those that have trickled down from Middle Tennessee not to mention investors from throughout the worldthat are looking invest in real estate just like you.A lot of my Nashville Buyers have been asking about purchasing deals in Madison county for years.Real estate agents that I have worked with in the area say that there is zero inventory and if something comes available, the buyer has to be 100% ready otherwise someone else will get the deal.That being said, I personally think that there is a lot of potential in untapped areas of Madison County.One of the biggest differences between Nashvilles market in Huntsville‘s is that there hasn’t been anyone that has been brave enough to build/Rehab/re-vamp areas that are undesirable i.e. north side.