Basically, have your organizational documents in order, sign contracts and other legal documents with your name AND title (either Manager, Member, or Managing Member) and if a multi member LLC have an LLC resolution drafted and executed for major decisions.  

@Ryan DunnThere are many hot markets and places to invest and the 1% rule is an extremely basic metric to use as a basis for a good or bad market. 

As for accounting basic book keeping can start around 100 bucks a month at a lot of places. 

If I were in your shoes, I would start with a more basic project.

I apologize in advance for asking what is probably a very basic question.

It will familiarize you with the basic terminology and benefits.

It's bad because you'll basically have to compete on price to win.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

He basically checked attic and inside units.

Basically the area lacks the fundamentals you should be focused on as an investor.