This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

At $600k, you'd be at a 8.36% CAP RATE this wouldn't be taking into account any other income from the property.. 

This is standard business practice - just look up how many settlements the SEC makes annually where companies pay millions in penalties WITHOUT ADMITTING to any wrong doing.- Cash-for-Keys is another example of this!

This PM will be trusted with the accounting, collection, and transfer, of tens of thousands of your dollars, or more.

You can open a business bank account, sign contracts, and handle expenses under the company’s name, keeping everything clean and organized.

@Johnny SmithThere are other ways to reduce your taxes besides real estate.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Does anyone have any good recommendations on books or accounts I can follow or read to learn more? 

I like them a lot, but it just gets expensive quickly on an annual basis. https://www.burnettandassociates.com/asset-protection

IRA annual max 7k vs 401k $69k.  

You can basic info on short term rental projections and occupancy rates with a free account, but will have to purchase a membership to get detailed info.