They can ensure that everything is ethical and lawful.

This can help ensure that there is a high demand for rental properties in the area. 

But through some clever marketing and ensuring that the house itself is always in good repair we have been able to turn our investment into over $7k a month in rental income.

I want to ensure any addition wear n tear that might be incurred by their occupancy is compensated for. 

Eventually I may add some 2-4 unit residential flats to ensure diversification.

Pete beach, I can get you a list of ones in your purchase area that allow short term rentals then I would recommend to request financials from all the condo associations to ensure no large assessment is coming and all maintenance is up to date with a healthy reserves account.

This ensures it is a structure they understand and can use at year end and your book keeper will have no issue picking up on it. 

I have a reasonably strong cash position, and want to ensure I am as prepared for success as possible. 

The blog post motivated me to ensure I wasn't exposed to any liability with my personal capital. 

But make sure you vet the person out to ensure they aren't just trying to scam thousands of dollars out of you in some "get rich quick" scheme designed only to take your money.