In this current situation have the police go by and conduct a welfare check.

I just personally do not think that is a good way to do business.

They give you discounts on West Elm, Pottery Barn, etc and a membership is free if you have a business.  

That is cool, but for those running a business at any level of scale, not of any significant importance.

I see many first time investors make the mistake of buying in a college town, but not where the students want to live.Business Sprints - You work like a lion in this business.

If your LLC is not doing business in MN, then it would seem to make sense to register it in CA to avoid the need to pay registration fees in 2 states, if you can avoid MN filing fees and requirements. 

I assume, I will have to open business accounts and use those to manage my business expenses and business earnings etc. 

The rules are confusing me for whether this is only needed for hiring an individual independent contractor or if it's needed for hiring another business as well. 

But that's no guarantee.And, you can follow all good screening procedures, professionally run your business, and don't get too cozy with your neighbor/tenant.After that, roll the dice. 

Your software will be instrumental in running your rentals like a well oiled business machine.