It does everything from rent collection, background checks, credit checks, ID verification, tax preparation, lease signing/preparation, etc. 

I am looking to find the optimal tax and legal structure to optimize his situation.

With prices as high as they are and income not keeping up I think more and more families will buy property together. 

We both live in Ohio, but I think there are probably tax and legal benefits to registering in another state, such as Wyoming. 

I read that rate as paying an extra month and half worth of your annual rent collection to buy income insurance for the year.

A bill that would have increased property taxes 400% on all STRs failed by a wide margin on Tuesday. 

There are set fees like any grantors tax, HOA disclosure package, then fees that vary, like settlement fee, deed prep, prorated real estate taxes, commissions, closing cost assistance requested in contract, etc.

Taxes are fairly high so that should be taken into consideration.

I have found it difficult to find financing being 22 with my only income being from house flipping.

In case helpful, more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.