@Caiden Mooney, if you are going to rent the property to third parties you may also be able to use a self-directed IRA to fund.

The cool thing is you can structure the agreement between you and the private money investor in a lot of different ways that works for both parties.

The best part is that its a free tool unlike many of the tax softwares out there.

Additional details on the Umbrella policy and how to manage contractor work and ensure being an additionally insured party to the GC policy were great.I intend to create one CA LLC (without moving properties to another LLC after renovation for renting), get a good umbrella coverage policy, and ensure renovation and rental guidelines (GC insurance, Fair Housing Act, etc.).

thank you for your imput, I also thought it strange that neither party has asked to see the property in person

Vrbo has free price automation software.I use Excel for book keeping.I don't pay for any third party software, not really needed on 1 or 2 properties.I charge a little extra for cleaning fee than actual cleaning costs.

., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

I don't use any 3rd party software. 

That part is not as straight-forward.Such operating agreements are frankly costly when done correctly.

I successfully run 1 STR and have a 2nd that an inherited PM handles.I have Vrbo and Airbnb they will sync with each other with no external software.I set pricing easily by using the built in tools that Vrbo provides.Automated messages are built into both platforms.Vrbo keeps my calendar slammed, but I take direct bookings as needed, simple to do.I have no additional 3rd party fees to very sucessfuly run and manage my property needing only a a few minutes per week.