Thanks,BrackenI recommend you read this article on OOS investing.

QuickBooks Self-Employed has a receipt scanner feature and organizes expenses by property or investment type.

It reads as follows in case some attorney says you're wrong...Sec. 1101.0045.

Thank you in advance for anyone that can shed some light on this or point me in the direction of good materials to read!

If you haven't read "The E-Myth Revisited" by Michael Gerber, I highly recommend it.

So many prospective tenants don't read ads and call/text/email with the most ignorant & stupid questions, 24/7/365.

It's crazy how many people just don't READ!

Quote from @Michael Smythe: @Steve K.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Seriously, you will learn more from listening to experts than you will reading 100 books or taking 100 classes.

If we do everything correctly and we screen carefully (credit check, employment verification, etc.), what would be the worst-case scenario?