If my state of residence charged over $800 just to establish an LLC, I would seriously consider going with the state the property is in.

I NEVER rent to someone who is not currently in an established rental situation that can be checked up on , visited and verified (meaning "local" , not living at home, or staying with a friend, or just in from out of town....)  

Why not get a job working for an established property manager to find out if it's something you want to do before opening your own business?

They can establish escrow accounts when needed.

Establishing a FARM can be costly, especially in an area with a lot of agents.  

The perception in the area is that the nice newer homes in this area are in established 55+ parks and the owners and managers are not interested in talking with a 30 year old.  

Be sure to establish your rental criteria and apply it fairly to all applicants.You don't have to process applications "first come-first serve".

The Fair Housing Act outlines protected classes and other laws for your jurisdiction may apply as well.Third, establish Rental Criteria that is in compliance with the law.

I finally have established myself professionally as a Speech-Language Pathologist, and are beginning my education in REI.

thanks every one for the help am really thankful for your time and concern I reach back to the title company asked here about where exactly got the info she said that the permit was established on 2-1 2011 and closed on 03-01 2011 and the report was recorded its 5 pages indicated that a sinkhole exist and they have recommend the amount of grout that needs to be poured she also called to se if a permit was pulled to fix the sinkhole and found nothing so I have a not repaired sinkhole I have no idea to what the cost , the home is about 2500sf the thing that am after why did the title company hide out this from me when I bought it