I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season  @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

@Sushil Iyer I agree with @Travis Timmons that Temple and Belton are generally better pics with a more diverse economy versus Killeen.

If you are a general contractor managing the entire project, you need a general contractor’s license, particularly for projects involving permits.Lien WaiverA lien waiver is a legal document signed by your contractor to waive their right to file a lien against your property after they have been paid for their work.

Proactive updates can prevent misunderstandings and build trust.By balancing the needs of these three stakeholders,  a harmonious ecosystem can be created where all parties feel valued and invested in the success of the property.In summary:Property management isn’t just about collecting rent or fixing issues—it’s about creating value for everyone involved. 

Has anyone out there been involved in something similar or have ideas on how I can move forward with this?

I'm more involved with Instagram these days :PI'm currently stuck at the "pick your market" phase. 

Pete area and am very involved in the market here, especially in analyzing rental properties. 

The official answer: The Corporate Transparency Act is intended to provide law enforcement with beneficial ownership information for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.Uncle Sugar requires us little guys to register and be tracked even though 99.999% of us are not involved in terrorism, money laundering, or other misconduct.

High borrowing costs right now, so have to look at what you're able to produce vs the borrowing cost. 1031ing can be a super powerful strategy, but there are time constraints involved.

I’m also from the US so I follow that market and am soon to be involved with a couple of exciting projects in Seattle & San Diego