Some investors will wait until they have several properties before forming an LLC but it's often beneficial to set one up early especially with your first property.

It sounds like we didn't do a good job of setting expectations with you on the front end.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.

I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement. 

This property offers spacious townhouse like setting floor plans offering one, two and three-bedrooms.

Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

Let me know if you need any tips on working with contractors or setting expectations.

Also being able to write down/document goals I set earlier and see if they are being hit.