She does have good credit and has paid taxes for the last 3 years.

Feel free to DM me and I can relay the path/process I've taken for my structure...after law school I went into estate planning/asset protection for HNW clients.

I have heard that if you have a property under an LLC, you should definitely have a separate business bank account and credit card for each property but not sure if I should already do that when the property is personally owned.

You also have to explore the STR versus LTR in that area to see which may offer a great NOI.If you ever have any specific questions feel free to reach out I enjoy helping and talking REI.

These are generating tax free income!

@Peston Parsard not sure if enough viewers will note & care about free internet and pay more in rent.Regarding the MLS listing, going to guess your PMC isn't charging you a Placement Fee equal to one month of rent?

Feel free to contact me. 

So if I liquidate money from my business credit cards and open a forex brokerage account and pay for a trading bot, is the money i use to pay back the credit cards and trading bot taxable?

With a little debt you might be able to get a better property or if you rolled in your father's properties in a bulk 1031 deal.Feel free to PM me!

Also get sellers credit to not have to pay as much closing cost!