(2) Is the investment a common enterprise?

In this age of communication innovation another visage point is the question that guides economics: profitability vs. need.I was once a big social-media buff but reconsidered (though it's still a great way to connect with those separated by spatial-temporal barriers).Personal socialization is inherently different than any business enterprise because enterprise is led by a measurable outcome.Lastly, many are running the error of not adding the labor/capital spent developing this new business "arm" into their overall question of profitability.

My name is Anne Furtado and am the proud owner of Little House Enterprises, LLC.

Or am I overengineering my RE enterprise?

FYI - QuickBooks Accountant and Enterprise version, there is a Batch Entry kind of like copy and paste functionality.Then there is software that also integrates with QuickBooks to Import those transactions.

I agree.I believe this is why you get commercial loans for your residential properties.Yes, that and the fact that I am running a commercial enterprise.

You have to be an owner/operator of the business, and the enterprise needs to be engaging in a true business providing a product or service - not passive investment holdings such as rental properties. 

(you'll get a dividend/interest/distribution paid every...)If this is going to be a ongoing long-term enterprise, the idea of forming a limited partnership might make the best sense. 

They use a property manager named enterprise property management that seems to have decent reviews by landlords and owners.  

Good luck with your enterprise!