Everyones strategies are different and require different structuring.I personally use and have been taught by Mark Kohler and he is a Genius when it comes to tax and legal and the best way to set things up.

Most TK sellers mark it up and sell their systems.

I knew @Mark Creason would be right there with the answer!!

Great advice from @Mark AinleyIf we have one adult move into one of our units, we ask them to designate someone we can work with.In the event of abandonment, arrest or death, the following person has the authority to decide when to terminate tenancy and how to store/distribute my belongings:Name: ____________________________________________________Address: ____________________________________________________Phone #: ____________________________________________________I would look at your local abandonment laws and see if you can store and/or dispose of the belongings.

Now that's music to my ears :)Thanks @Mark Nolan

I agree with @Anthony Susco on bringing a contractor with you.

@Fred Stevenson, I would like to discuss your thoughts and concerns:1) The flood insurance program (FIP) was a huge question mark before this happened. 

Mark

Mark may be in a fine situation, but if that accountant isn't specializing in real estate or primarily dealing with real estate clients, there's logically no way that accountant can stay abreast of all the consistently changing tax information.I've turned several potential business clients down simply because their businesses weren't in the real estate industry and I knew there was another CPA out there that was specializing in those particular businesses that could help them better than I. 

Like @Mark Nolan said the BP books are a good place to start as well as the podcasts.