Now, are you planning to house-hack and live in one unit, or going full rental?

I'd like to accumulate enough properties to cash flow 6 figures, which would likely be a 20 year plan. 

I would like to park my license somewhere so I don't lose it.

I myself am in a similar position looking to acquire a secondary home in the Banner Elk and would plan on using as a STR and would love any input on your findings!!

.: @Srikanth Kumarjust curious how you plan to manage a BRRRR from out of state. 

I'd talk to your broker on what it'll sell for after the fact and where the market is heading over the time you plan to own it. 

Earning interest outside a retirement plan sucks. 

Talk to your banker about your plan.

I use the TX bookkeeper @Chris Seveney is referring to for my main entity, but I use WaveApps for all my other entities, and they have a free plan, and also a wizard that can help you set up your chart of accounts. 

But I usually heard this from people who had never owned a business before, didn’t have the cash to back up their plans, and often were planning to maintain full time jobs.My advice: Start with one business.