We use Guesty to manage 40 units and it's the best we've found.

In my nearly 20 years of representing landlords and property management companies, I have advised against allowing tenants to perform services for the landlord in exchange for rent reduction.

Any good property management groups in Daytona Beach?

I recommend you spend some time searching for advice in the forums or around the internet and learn how to manage roommates.

I own a fractional interest in over 2,500 units today, and I don't have to hassle with tenants or lenders or inspectors or insurance or contractors or property managers.

Below is a snapshot of recorded documents from one (note #1) of the many investors who got slammed by the GR and FC.

I would add, make sure you have good landlord resources as you enter into the landlord domain-lease agreement fitting your situation-resources for your tenant application process -needed landlord forms and notices-education resources-management tools (e.g. software to keep all records, pictures, payment history, etc.)Best wishes.

I've managed to save up $10k, but with those pesky doctor bills eating away at it, it's looking more like $8k.

I read in Brandon Turner's Managing Rental Properties that most banks do not loan on properties owned by LLCs. 

You'll also need a solid property manager who can rent the property out quickly once it's ready to go so you can get some tenants in there and maximize the value.