Hired part time admin assistant and 1/4 time services of book keeping professional. 

This also helps with asset protection, monthly bookkeeping and annual tax return preparation. 

Basically, they name everyone because they’re hoping and counting on the fact that people set up their own LLCs and didn’t adhere to basic entity maintenance and kept things separate (like bookkeeping and separate bank accounts).

We do all phases of the operation through. buy, rehab, rent, repairs, bookkeeping, tax preparation, etc.

I like to use Stessa for bookkeeping but not for property management.

Realtor referred to the GC who was terrible at bookkeeping and communication.

He is also doing the bookkeeping?

That's actually one of my pieces of advice for you... learn how to do your own book keeping so you know your P&L in real time at all times. 8) Hard to say without knowing the value of the place, CC&Rs, as well as any HOA fees/dues. 

This will allow you separate business income and expenses from personal income and expenses.Since you plan to house hack your bookkeeping and tax return preparation will be more complicated because a percentage of your home expenses will be personal deductions and some will be business deductions.

Plus it makes bookkeeping and doing taxes etc. more complicated and annoying/ expensive.