I’m a recent graduate from community college and currently a senior at George Mason University, majoring in Information Technology with a concentration in cloud computing.

I am going into my third year of college pursuing a degree in sales at Bowling Green State University.

I do wish I had purchased a house when I went to college because it's the ultimate house hack plus you get to live "off-campus".Are you going to continue investing near Western Illinois? 

Practical? 

Furthermore, maintaining rigorous property management practices, keeping thorough records, and implementing robust tenant screening procedures can also mitigate risks.

Are there specific reports or practices I should follow to ensure clarity and proper management of both types of accounting?

I understand the arrangement is certainly different, but from a practical standpoint it isn't much different than a licensed GC staffing a team of laborers, who are actually doing all the work, and the GC checking in on quality of work.  

They don't practice in all 50 states but they do have a practice in TX and can advise on how to complete this paperwork and record properly.

Investment Info:Small multi-family (2-4 units) buy & hold investment in College Place.

Investment Info:Small multi-family (2-4 units) buy & hold investment in College Place.