That is how I got started.I also encourage you to listen to the Thanks for Visiting podcast because they are in your city.I hired an online interior designer and gave a per-square-foot budget.

All security deposits are held in the operating account but our accounting system keeps careful track of security deposits and they show up as a liability on our balance sheet.I've not heard of management software designed to function in a specific state, so presume any would work there. 

Design alterations.

I work with a design agency that handles drawings and permitting throughout the state.

Yes I do believe they are a scam, more I read about them the less I feel comfortable. 

It's mostly out of your control, but at least make 1 room comfortable.

Yes, I think our goal is at least break even right now, and hopefully in a few years the rents will be higher and the property will have appreciated well.I think that’s great advice to think long term, which is what we would be most comfortable with.  

It all just depends on your level of comfort and strategy.  

I used to be in marketing and my wife is an interior designer (freelance). 

Then from there you'll get comfortable with the area, contractors, PM's,etc.