Any further steps I have to take to resolve these issues soon without any challenges.

My Name is Kyle and Im completing my first steps registering with Bigger Pockets!

You can't shoot from the hip, you will shoot your foot off.Let's pretend you get by the first step, your asset checks out in the appraisal process. 

I'm open to anything and have only stated that I can be proactively involved in the business to reduce operational expenses.Buying some properties for an Airbnb kind of business can be one example of such, as long as one knows from experience that it yields better than the standard 1%.

I have consumed a massive amount of podcasts and am excited to take the next steps, but am having trouble deciding the next step to take (strategy).

If your goal is to move from management-intensive real estate to laissez-faire real estate, there are plenty of ways to invest in real estate passively and avoid the large capital gains.Your CPA should also have reminded you that if you die owning real estate, your heirs inherit the property at a stepped-up basis.

There are you tube videos that walk you step by step. 

I would strongly advise anyone starting out not to be in a rush to skip steps, but rather to take the time that it takes to save for the first few to learn and pay down "the dumb tax" of figuring out what you don't know. 

Not sure if there is anything else but an attorney can advise other steps to protect yourself. 

I occasionally get someone that says, "I know this one guy..." but they can't provide actual details and it's probably just a rumor.Almost all legal disputes are over security deposits and very small amounts.Large suits involve injuries, which are only a risk if the landlord is negligent (e.g. fails to repair a broken step and the tenant falls).Even if the landlord is guilty, the suit will most likely be settled out of court and covered by insurance.Even if it goes to court, insurance will cover the costs.The odds of a landlord losing a lawsuit for more money than the average insurance policy will pay are about the same as winning the lottery or being struck by lightning twice.