There are online platforms like Rentable.com that will handle opening the correct accounts / all compliance tasks related to managing deposits 

Houston's diverse, and the real estate market is buzzing.Check your budget, how much risk you can handle, and what you want from the investment.Montrose, The Heights, Eado, and Museum District are buzzin' with mid-term rental potential.Research the neighborhoods, check the rates, and do the math on costs before diving in.

One highly effective way to find off-market deals is by leveraging trained VAs to handle lead generation and outreach.

In my experience, your level of wealth that you can handle is based on your mindset.

Do you have some unique hybrid where you handle certain things and the PM handles others?

That was an excellent non-answer to my question, Skyler. hihi :)No they are not all the same. some are only interested in dealing with conventional purchases other are as you say better at handling assignments or double closes, some are commercial specialty, etc....A investor friendly one would be, at least from my point of view, one that understands there may need to be some last minute wheeling, dealing, and adjustment made to close a deal, understand what needs to be done and do not freak out about creative deals.Maybe my understanding or thoughts are wrong but that's what I meant by investor friendlyregards :) 

Why ask: Learning how your mentor handled failures or setbacks will help you gain perspective on the full spectrum of risks and challenges in the field.

On Furnished Finder, the incremental rent appears to be about $1.20/SF.Having a property manager to handle mid-term rentals is crucial.

Quote from @Sameul Ahsan: You just handled the introduction part!

I'm in your market and although I set up our LLCs myself, if I have a partner I pay an attorney to handle the operating agreement.