Are there any other books or training materials that you would recommend to someone new?

I would take a look at what materials are being quoted.

I would self perform this which would be one day and about 800-1000 dollars in materials.

Just get some promo materials, like a flyer listing what you do. 

However, as long as you do makereadys with more durable materials like snap in floors instead of carpet, flush lights instead of fans.. you're safeguarding yourself against those costs. 

Also keep in mind if you were to pay someone to paint "materials" includes new roller pads and sometimes brushes. 

The ARV will not be affected by the by the costs of the demolition, labor, or materials.

Here is a link to the best supporting material I have been able to find.https://www.thetaxadviser.com/issues/2017/apr/tax-issues-nontraditional-households.html#fn_78Thank you in advance for any help/insight. 

e.g. real estate professional (Sec 469) with trade or business (Sec 162) with material participation (Sec 469)You do not have to materially participate in an activity for that activity to be a trade or business. 

Your wife still has to meet material participation regarding your rentals.Your CPA is best equipped to advise you as he/she knows all of your facts, circumstances, and goals."