How can I best prepare for managing two rental properties, including handling maintenance, vacancies, and tenants?

For example, in Michigan those additional expenses would include revenue stamps owing for two closings. 

Quote from @Sean O'Keefe: Quote from @Tom Gorrell: We have 3 rentals in CA and one in Kentucky (total value about 2.5 M)some W2 incomesome pension incomesome syndication income and some from a business (s corp) Based on what you say, it feels like $3k - $4k but would need more info on how frequently you meet with CPA outside of Jan - Apr when you are filing and if this includes tax strategy. 

Closing costs, including recording fees, transfer taxes and HOA transfer fees, if any5. 

Some have mentioned issues with the Indianapolis Housing Authority, including delays in payments and cases where landlords with new tenants haven't been paid since January 2024.Do any local investors have insights or experiences with this?

I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s around the same time, and Commercial borrowing rates, including for multifamily, will increase as well. 

This property would have multiple income streams, including as an airbnb, wedding venue, bed and breakfast, corporate retreat. 

And for example there was a Crowd Street deal (Nightingle) where the sponsor omitted losses from their claimed track record (and ultimately was fraud...they never even bought the claimed property).And there appeared to be some difficulty or confusion with obtaining the full and complete track record ( including both realized and unrealized deals).

You would also want to ask what is your current rate, what rate can you get, what are the closing costs that are involved including points, ect.

I've used mine multiple times in the past deals, including a VA jumbo loan.