You are transferring various liabilities, namely maintenance and operations aspects from you too a buyer. gaining some liquid capital (down payments), while retaining control of assets. 

., we track all the data per each fixed asset in Google Sheets and it's a part of our monthly/yearly processes to input the appropriate adjusting journal entries so the depreciation and amortization are reflected on the financial reports on a monthly basis for each fixed asset.We have a depreciation worksheet, an amortization worksheet, and another worksheet that details all other aspects of each fixed asset (placed in service date, type of property, partners, etc etc) per client.It's nothing fancy but it works for us.

If I'm wrong with respect to the legal aspects of this someone please correct me. 

Secondly, I think understanding guidelines, the constantly changing landscape, and really being able to offer many different options to tailor the lending needs to the client rather than force a square peg through a round hole. 

-Identify their specific needs, such as cash flow, tax savings, wealth preservation, or growth, to tailor your approach.

They've helped us do an LLC with a partner and made sure we were set up correctly in all aspects!

@Bryan Field how will you educate yourself on all the legal aspects of managing rentals?

Also, consider talking to a tax advisor who specializes in real estate to find strategies tailored to your situation.

- Are there specific aspects of STR market analysis that you find lacking in current resources?

You'll find a galaxy of free real estate investing content here, but remember, it's mostly tailored for the American market.