Managing Rental Properties by Heather and Brandon Turner is as good as any.

Has anyone had experience with their project management tool?

Hard Rock takes almost half the income (acting as property manager) and we do get 28 free days a year (hardly used).

I believe I can handle one or two on my own but then would want to transition to a property manager.

Thank you for your response and opinion, My goal is to do a JV pretty much, where 2 of my partners will be funding partners and I will be on a fund managing role. 

I have an LLC that's my management company but I personally own the house (will move it to an LLC at some point).This is what I think I am supposed to do but not sure????

Because you are living rent-free, have no housing payment, and no management history, and are buying this as an investment, you will not be able to count rental income to help you qualify, unfortunately. 

I considered SFH where I'd rent out all the rooms and keep one to myself, but this seems risky since I'll realistically be away for months at a time and couldn't manage the unit/other tenants.Then I came across some listings that appear to be hotel rooms for sale, with basically the facilities I need (a bed, toilet, kitchen), a price point I can handle (270-500k$, I'd do 20% down), and fairly high HOAs (~1500$/m?).

My father of 78 years old is declining slowly mentally, and I am going to begin helping him out manage his properties and organize his finances and properties.

I’m fairly new to the LA area and have recently transitioned into being a full time developer after several years of owning and managing multiple properties in Cleveland, OH.