You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfCreating an LLC in California would cost you a minimum tax of $800 every year.

Unfortunately, we have had to apply this across the board even if tenants have been late numerous times in the past.

Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog 4.

You know, like writing an article from time to time.

At this point, I'm doing a ton of research and reading daily but I find all the books and articles in the world can never quite give you the "boots on the ground" feel for a particular area.In an effort to become more knowledgeable, I've been trying to get a handle on the different markets around the country and which are already solid and/or up and coming (COVID-19 issues aside...).

I have read a few articles and have looked at the area and I see a ton of potential with all the development and investment happening in the area.

Honestly, the key document you would need is a solid operating agreement where you clearly define the articles (books,records and accounting, capital contributions, signatory authority, distributions etc.).

Are there any articles or books you recommend I read?  

I'm reading conflicting articles and sources online.  

I just saw this article and thought it might be of interest to the community:https://www.engadget.com/amazon-alexa-residential-smart-home-apartments-162801943.html"Amazon wants to make it easier to have a smart home without actually owning a home.