Any and all advise you guys can provide is greatly appreciated.

I would like to mention that it is "best practice" to not disclose your ownership but advise you are the property manager.

I would strongly advise against saying you are going to live in the property with your VA when you actually have no intention of living there.

As @Jared Hottle said a lawyer can do this (i advise one for her and 1 for you). 

The only professional who can competently and definitively advise as to the appropriate legal structure for asset protection is an attorney who practices this type of law.Here are 2 comprehensive videos from a prominent real estate, estate planning, and tax law attorney which describes most of the issues you are concerned with:1.

I am also not an accountant and advise you to seek your own accounting professional.

yea zonning will need to advise if the property is zoned and can be converter. there are fees associated with conversion as well keep in mind. and for price, you can do quick zillow search on sold houses in area for similar properties on both sides.

Can you guys give me some advise on how to organize a business and what essential entities do I need in my team in order to succeed?

As a new landlord I need your advise, do I need to get her maintenance issues repair first or can I get these items repair after she pay her rent to me first?

1) Get the judgment agreed to for an extended move out date  2) if they have money, garnish as long as attorneys fees won’t consume 3) if you own multiple properties might be worth hooking up with a collections agency (I’ve got a client with 100 doors — will be advising in this case)