In order to grow and scale, you'd likely need father to cash out refinance or get HELOCs or some other form of leverage in order to scale. 

I personally know 6 people who have quit the W2 jobs around the age of 40 (picked the right properties and benefitted from appreciation)  and age 30 (high income earners who leveraged and scaled quickly) from real estate. 

We do them all the time in the $75k-$95k all in range and they are consistently appraising for $90k-$120k.It's a great way to scale if you have the capital.

I would go with a company who has multiple properties under management (ideally over 500 to really get the benefits a scale, think cheaper maintenance visits, experience placing tenants, lots of investor experience, ability to find deals within the brokerage, massive marketing channels for properties, systems in place to handle problems, experience handling a massive amount of problems, discounts for bringing multiple properties to manage).Also, make sure your property manager is motivated, experienced, and growing! 

These questions were helpful for me to think through when scaling in this business.Aside from that, it is essential to learn how to properly underwrite a syndicated deal..much different that a straight up acquisition.

There is free software online too, like Wave which gets a nod from a lot of folks with simple businessesI recommend hiring a bookkeeper if you are going to scale.

I did this for a few years and then I started to scale.

Unfortunately most of the turn key programs are geared towards these lower barrier neighborhoods because the margins are low and the low barrier neighborhoods are where the turn key providers can generate necessary scale so be mindful of this when you are conducting your diligence. 

Most of the investments that resulted in foreclosure were with Alan Stalcup's GVAMultifamily Syndicator GVA Scaled Up at Worst Possible Time (therealdeal.com)

Forget taxes and LLCs, what do you think you can get done with 100k in this market in El Paso and what's the scale on it.I would spend more time masterminding together and lifting each other up and learning without partnering.