Most professionals will recommend a separate LLC for every $1 million in assets, but I don't think that's necessary.

Readers should seek professional advice.

10) Knowing what to do if tenant is late on rent or doesn't pay.There's a lot more, but many here on BP self-manage and learn via "trial by fire".Of course, you can always hire a Property Management Company to handle it for you.

Unless you qualify as a Real Estate Professional (which has strict requirements), your rental losses can only offset passive income.

Quote from @Miguel Del Mazo: Furnished Finder is definitely worth the costs despite the company continuing to raise their yearly price.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

While we are not tax professionals ourselves, we do share how we ourselves have made millions and paid very little taxes along the wayAlso @Eli Edwards A network of relocation specialists is not a reason to invest in a course.  

I am hoping to find a reasonably priced photographer to take some sharp  photos of a Property. 
The property is in San Marcos, Texas. That’s a little south of Austin, Texas.
Can somebody make any recommendations or...

Here is an example of what it costs you to avoid professional advice.

But the deposits did go to an escrow company, not directly to the seller.