We have been a quality fencing company for 5 years part-time, and just announced this year we are going full-time with it.

To set the stage, I'm owner of a short-term rental property in the Poconos in PA and we use a property management company for bookings, maintenance/cleaning, guest management, etc.This past weekend we had a guest booking but when the guests arrived Friday evening the house had no running water, though it had been running fine earlier in the day when the Property manager (PM) was at the house to give a final check and leave the welcome packet.

Success in this field doesn’t happen overnight—it requires years of strategic investing, continuous education, and persistence.The key is to focus on growing markets, quality neighborhoods, and building a strong support team.

Starting with your wife and possibly your kids depending on age (for example, they can help clean between tenants, this starts  their education [Check with your accountant because you may be able to pay your kids and take a deduction].- - While you will do the lion share, can you take advantage of your wife's talents and availability?

We could use a new cleaning company though.  

More traps, patch up holes, tell your tenants to be extra clean when dealing with food. 

The scope of work, quality needed, location etc will determine the cost.

Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.

Make cosmetic updates if needed, offer free months rent on a longer lease, make sure your units have qualities like laundry and AC. 

Keep the property clean, updated and rented to good tenants.