So far, we've pieced along different elements of this (different tax person each year, no LLC to one to now 2 this year, haven't yet used a bookkeeper...)trying to streamline systems and have a solid foundation for our fairly new and growing real estate portfolio. 

When you buy a property as tenants-in-common, everybody in the group is essentially combined to qualify for the mortgage.

A performance deed -- essentially a substitute for a deed in lieu of foreclosure -- causes problems with title insurance on a subsequent sale because the deed was not executed after default and good faith negotiation with the lender (the typical DIL scenario). 

Oregon has strong tenant protections, and staying compliant is essential to avoid legal issues down the road.There a two major places to get forms and education. 

Generally speaking, ensure your ARV estimates are conservative to avoid over-leveraging, screen tenants thoroughly, and having a buffer for unexpected repairs or vacancies is essential.

Essentially they're saying they don't want offers with financing.

Some element of tax planning, in addition to filing returns, would be great but not looking to spend $35k on that!

If you just rent the property and provide the minimal essentials you should be fine in treating as Schedule E

I ultimately realized there was very little housing inventory in the neighborhood geared towards families that wanted to rent and I essentially created a new market with $3,000 rentals which has been successful and I am now looking to replicate.

This one strikes me as having some devious or less than ethical elements.