I am going to self manage & I have a couple other quick questions :I would like to set up for my tenants to only be able to pay their rent online, which website do you recommend for easy of use, efficiency for tax reporting & is the best for the cost of use? 

Even if you want to self manage you'd better believe (that when you sell) the next buyer (someone like me) will factor that in.  

This is for half of a duplex.Asking price: $75,000Offer: $75,000 (Yes, I offered what they were asking because there was a lot of competition and their asking price was way under market value)ARV: ~$110,000Down payment: $15,000Rehab: $5,000Closing Costs: $2,000Total out of pocket: $22,000Rent: $1,000Total monthly income: $1,000Expenses:Mortgage: $313 ($60k @ 4.75%)Taxes: $100Insurance: $80Flood ins: $0HOA: $0Maintenance: $100 (10%)Capex: $100 (10%)Management: 0$ (I will self-manage)Vacancy Allowance: $50 (5%)Total Expenses: $749NOI = income - expenses = $1,000 - $749 = $251/month cash flow.Wealth gain = ARV - mortgage balance - down payment - rehab - closing costs = $110k - $60k - $15k - $5k - $2k = $28,000CoC = 13.7%So, to me this seems like a really good deal and I'm worried I'm missing something because it almost seems too good to be true.

I'm a self employed (started an online business) living in El Paso, Texas recently moved from the U.K.

I am going to self manage & I have a couple other quick questions :I would like to set up for my tenants to only be able to pay their rent online, which website do you recommend for easy of use, efficiency for tax reporting & is the best for the cost of use?

I do a lot of work my self, but on plumbing and electric i get a pro.

Can they provide Liability for the property owner and/or Self GC owner in a rehab.?

Even if you are planning to self manage. 

In the mean time, networking is key and continue to self educate yourself.

Regardless of where you stand, you decide where you want to go.Self discipline: Self discipline is a strong trait of nearly all successful people.