I knew cement in the cracks would shrink & leak so to prevent further infiltration I literally filled the 1-2inch wide gaps with blacktop crack repair filler then on top & to angle it away from the edge I used tubes of blacktop repair caulk.

Does it make sense financially to implement this into a strategy, or is it just a moral concept?

RentHero: A simple and low cost replacement for QBO built specifically for rentalsSimplifyEm:  Looks good but has a bunch of fees when under 50 units that rule it outAppFolio: Is good but needs 25+ units to be worthwhilePropertyware: Looks promising but has implementation costs and wouldn't be viable short of 25 unitsBuildium: Personal experience here that I am not a fan but will do all that is needed. 

The answers have been varied with a LLC mentioned most often.But, because of the $800 annual tax CA imposes, a business trust has been mentioned next most frequently or out-of-state, "foreign" LLC's, which although cheaper to implement can have expensive drawbacks (extra tax return, costs if legal action out-of-state, etc), I've been warned.My seed money is $15K of a $20K non-earned lump sum from Social Security.

This is one thing I would really like to implement being that we are out of state.When I started searching for PM companies, I first cold called/emailed as many companies I could find.

How do you determine what exit strategy to implement for a property you’re purchasing?

For context, I’m early in my 20’s and have no real ties preventing me from moving to more welcoming markets.

He recommended just using ordinary rock everywhere, ensuring shower seams are caulked and paint coat be maintained and that is the solution/prevention for water/moisture issues.

Things I was unaware of prior to getting in: backflow preventers, how great coin-op laundry is in a multi-family, and how often people leave nice things behind. 

My guess is that your broker will not want you to implement this plan due to the risks....and there are lots of risks with your plan.#2 Not sure about WY, but in Texas for the most part lease options have been outlawed or so severely restricted not many people do them any more.