Furthermore, you will have some passive activity loss limitations to deal with, presuming that you do not qualify for the "Real Estate Professional" designation in the next two months.

Depending on the state, you will need a designated agent for your LLC, in that state.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

He won't do undesirable designations. 

Quote from @Gary Aragon: Quote from @Rick Albert: Our electricity is already separate and we designed our ADU to be all electric so no gas. 

Advice on Layout/Design: For those who have added ADUs, do you recommend standalone units, garage conversions, or a combination of both?

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

I specialize in building and flipping properties, focusing on transforming houses into beautiful, functional spaces that create value for buyers and investors alike.With several years of experience in real estate, I’ve developed a strong foundation in market analysis, design, and project management.

Best of luck to you working through the renovations - if you need any design advice, feel free to reach out!