Effectively turning a duplex into a triplex.Does anyone know if there is any issue with doing this?

A financial person to help you handle your books?

"What right do you have to do this?"  

You're in the right place to learn about real estate investing.This platform has helped me a lot when I started real estate investing. 

For starters, the prospect passes our 3.5x income requirement, has a 700+ credit score but a few things that I seem to have trouble with is the management company that was on the application, I wasn't able to find any viable information through regular web searches, but through the Business public record I found an LLC to this management company which I found was created 5 months ago. 

Investment Info:Small multi-family (2-4 units) buy & hold investment in Central City. 10 acres residential Wooded What made you interested in investing in this type of deal?

Now I’m wondering, is this allowed?

If you're local to Houston, check out this meetup - https://www.spacecityrei.com/eventsIt's monthly and you should definitely try to make one if you can.

3)  do you recommend a tax attorney that can help us do this process?

That means I'm in the unit a handful of times each year, and it helps me stay on top of maintenance WAY better than I could with an LTR.