I've previoulsy focused on flipping houses and residential sales but now that I'm in Florida full time I'm strongly considering starting my own property management company for residential leases.

Quote from @Abby Chapman: Hi- does anyone know of a bank/lender licensed in Ohio that would allow for a 2nd home loan (10%) on a duplex?

also what part of columbus ohio is considered good, low on crime, fast developing yet still affordable to buy a house?  

I am on a similar journey...

There are many resources for you to connect online and in person.

It depends on various aspects like how involved you want to be, how much time do you have, do you want to do renovations and select tenants yourself or are you happy to turn all of this over to a company that does all of this for their livelihood and just grow a portfolio with them? 

Or to build a new one.The timing issue is only on the sale of the rest of the property. 

Like Michael mentioned if you are just reporting on schedule E/C on your personal return- a balance sheet isn't required; so full double entry software isn't required (but still helps). 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

A basic rule I tell Colorado STR buyers is that you can go cheaper on lesser used items but not the big stuff.