It is easy and quick to install AND maintain.

If your Rental is in good shape, updated systems, well maintained, etc. the rates from some companies with only RC may be equivilant to others that will only do ACV.

I did my first after 10 years of contract creation and review, creative acquisition strategies, price comping, rehab optimization and cost estimation,  exit strategies, working with buyers and how to know who is legit, etc. 

Set up a separate LLC and maintain the books for an LLC for each investment?

I feel like if I make it as nice as possible before they move in they maintain it that way.I have another duplex that is in a less desirable neighborhood (but not bad), and it attracts so-so tenants.

17) direct deposit - put in lease agreement that rent will be paid by direct deposit for the monthly.18) monthly or quarterly inspection or maintenance visit - put in lease agreement that the tenant agress to have the landlord or landlord representation visit the ppty to see if anything needs to be repaired or upgraded, also a good opportunity to check if the premises are well maintained and have not exceeded the occupancy limit.19) Eviction - Put in the lease that eviction will be filed by the 5th of the month if rent is not paid.This is what I have compiled now after reading the posts, please feel free to add anything that is worth including in the lease or rental agreement.

There are annual reports and such that an LLC or any corporate entity must produce and store in their company files every year in order to maintain the LLC or corporation, and once your lawyer has done one set for you it's pretty easy to replicate annually to stay compliant.There's a 27 point LLC checklist I posted a while back that outlines what is required to create and maintain an LLC:https://www.biggerpockets.com/forums/432/topics/80543Good luck!

It's harder having 1 or 2 properties and maintaining a full time job, with doing this part time.

There is really nothing passive about my real estate income, as I am proactive about finding properties, securing the financing, purchasing them, rehabbing them, finding good tenants, and doing all the tasks required to maintain the property.

We are already 50% over budget for December and another 6" are forecast for Monday :-| At this rate, we're on a curve for a 4-5K winter ... yet another reason you need to maintain adequate contingencies!