We are set to head back to Kyoto in a few months to start prepping the property ready for guests.

Good to have ONE SIGN set aside for a property on a busy street. 

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?

Is your loan structured with fix rate or adjustable?

(Government will set cybersecurity standards, but then are rarely enforced). 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

At a basic level there is no one set way to structure a partnership.

Best neighborhood and best assets are subjective and largely based on the individuals capabilities (balance sheet, skill set, time etc.)

Once that amount is reached, then continue setting aside cash for the next investment purchase.