Just have your client copy the schedule E expense categories into the first column and fill them in each month with a row on the top for rent collected.

You should always state the requirements needed to rent e,g, 3X income, non smoker, credit scores need at least XXX etc. 

Preview of the list (no order)...So good they can’t ignore you - Cal NewportOutliers - Malcom GladwellSolve for Happy - Mo GawdatThe EMyth - Michael E GerberThe Five Dysfunctions of a Team - Patrick LencioniPrinciples - Ray DalioCrucial Conversations - Kerry PattersonThe Four Hour Workweek - Tim FerrisThe Dichotomy of Leadership - Jocko WillinkHow to win friends and influence people - Dale Carnegie

I find it to be a super popular area for Millennials and Gen-Z'ers.

Quote from @Scott E.: You need a purchase and sale agreement that outlines all of the details and parties in the transaction.

Is the owner responsible for all utilities (PG&E & water)? 

So, in essence, we treat the income & expenses as 3 separate units and we split the income & expenses 50/50 for the QJV and file the according Sch E's.

What about a CRM that has an integration with Dotloop or another e-signing tool?

Galveston and Myrtle Beach are popular vacation spots for STR, you can begin to look at the active STR listings in those areas to see what you would be competing against and get a better idea of the property you would want to invest in.  

Also, I know it’s not a super popular opinion but I think you can hire a manager and still do fine.