If there are barriers that limit similar supply and you figure out how to get the housing units online, even better. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

In my developments, I went to everyone I could in the area and got the most RELIABLE (not cheapest) person in order to make my numbers work the best. 

If it is for liability protection, keep in mind to actually limit your liability means that any loans and insurance for the property need to properly be in the name of the LLC and not your personally.

Do you have a personal connection to either of those markets?

I'm personally looking to start the exact same way as you with a multifamily house hack.It's great that you already have an idea of how much $ you qualify for so that you know what locations to start looking in.

Hey Ludwig - Personally, I wouldn’t bother with an appraisal right now.

I have a few commercial loans that don't report to my personal credit. 

I personally stay away from turnkey companies.

Have an opportunity to assume a VA loan and wondering if I HAVE to do it in my personal name, or if my entity can assume the loan.