(And even then, I'd argue most of my Airbnb clients manage their own short-term rentals in Colorado as well, even with full-time jobs.)

Then, depending on if you or your wife have a traditional day job, you'll definitely want to consider making estimated payments to avoid underpayment penalties. 

What did you do for your 9-5 job? 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

.: divorce, death, job loss, etc. 

I’m assuming you have several good people over seeing your assets and operations..

My reason for being there is they were looking for mid west cash flow and of course I fund a lot of that in my day job.

Should I hire a bookkeeper, as suggested by Robert Kiyosaki "Rich Dad, Poor Dad"...i think i do a pretty good job myself.

If you have a pure private lender that is local or one that operates as a real PML or private money lender you will and can avoid these pesky credit min scores, credit history, or other requirements that the institionalized HML/PML sources require you to have.The rate/points may be higher but such is life.

I live in California so the properties got appraised and now have been raised in property tax I am the sole beneficiary.Not the executor trustee The Trust says I do not receive the whole estate until Im 65 I am 49.My Aunt is the Trustee she does not own her own home and works a minimal paying job.