It's one of the absolute worst parts of rental property investing of any variety.Your first step is going to be to research Texas law, and then narrow it down to the particular county and municipality this property is in.

I come from the a ticketing background and can provide lots of resources, connections, and perspective on the ticketing space (including my thoughts on the recent Ticketmaster news).Generally looking in and around the Missouri-midwest area for our first BRRRR property and am fortunate enough to have a general contractor as a friend/neighbor who will be a part of the business. 

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.

Make sure you take advantage of the various resources (books / team builders / calculators) while you learn and get ready for your first purchase! 

You could get a PM but I would understand the issues first because its your property and you should be in the know on what to do. 

Now proper accounting is still important because bookkeeping is the first and best tax strategy for most people but there was a huge time difference in the services performed.

What are the interest rates and loan terms typically associated with DSCR rental loans?

Hope you figure it all out but getting in compliance is the first step. 

In today's market, HELOC rates could be a dealbreaker on trying to do that so be sure to look through all your options first. 

For the first question, since I am planning on renting out all units, would the ADUs require submetering?