You can structure your home with an LLC, or even invest with multiple people.Peace of Mind: 1-Yr Rent Guarantee: We guarantee rent for the first year, so no matter what you will receive your rental payments uninterrupted and you’ll be making money from day one.

The net cost to you is roughly $1,193.17.After the turn in 2020, your property was rented within a matter of days at a rate of $1,699. 

I could not find any details that confirm that online. 

This is expensive but you'll have a place to work and meet with people when you're in town that matches your online presence.

@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.

The confusing and seemingly contradictory IRS guidance on this matter does not help. 

I mainly want a site that offers advertising the property, online payment options, maintenance requests & at least a basic accounting aspect.Thank you in advance!

Or does it matter (can we create one in Colorado)?

I also recommend a bank that has local branch that you can go into vs having it 100% online.

Those things won't matter if your business crushes it. i feel like it would matter when those things add up and start tearing at ur profit If banking fees cut into your profit, your profit isn't big enough.