Aaron, your strategy of leveraging equity through refinancing to pull out tax-free cash while maintaining cash flow makes a lot of sense, especially with the stability of W-2 income.

As Andrew said, starting with a house-hack is a great way to get started.

It's impressive that you were able to find this deal with very little capital.

However, you could buy a property with seller financing.

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

You might go by the Dallas HA office and see if you can speak with someone to see how they determine rents or see if they still have their landlord seminar. 

I agree with @Aaron Zimmerman—setting up your chart of accounts to align with Schedule E/1040 or 1065, depending on your type of entity, will again take some of the heavy lifting come tax time.

And yes, you could engage with a Turnkey company as well. 

I would even suggest doing it yourself.......you can 'glue' the tile directly to the drywall with a clear silicone, and then use a premixed grout.

I generally went with private money first because I’d get better rates and terms.