I've been watching a lot of videos from https://www.strlawguys.com/ but this is going to cost a good chunk of change to setup a fairly complex protection structure.

For further clarity.

But try this: https://www.homewyse.com/services/cost_to_estimate_home_remo...Let me ask you this.....I was even considering offering a service to 'walk the property' via video conference and throw out some rough numbers....do you think that would help people?

BP offers free online videos and educational courses for you to watch and learn from.

I have actually used them, and worked with their principal in that video they are OK.  

Right now I’ve just been watching BP videos and just bought a real estate investing book on amazon.

Are there specific reports or practices I should follow to ensure clarity and proper management of both types of accounting?

I saw exactly what you are talking about in a youtube video but wanted to get a second opinion.

($99,600 ---> $484,206)I contacted the HOA Community Manager this morning to seek more clarity on such an astronomical increase, but am left scratching my head.

I would also try to familiarize yourself with local landlord-tenant laws, including fair housing regulations, security deposit limits, and notice requirements for entering the property or terminating a lease.Prior to renting, conduct a thorough inspection of the property before the tenant moves in, and document the condition with photos or a video walkthrough.