I am wondering if there are any good resources that I can do this by myself to save huge legal fees for this task.

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

Depending on your concept you'd then be looking for a site, do your research on market trends, economic conditions, site opportunities, site constraints, regulatory factors, off-site conditions, etc. 

If you get a bill from the utility company, he/she will input the invoice into the software and have a date planned on when to pay it.At the start of the month, he/she will send invoices to your customers/tenants regarding payment of rent.2) The other is the type that is recording the transactions that occured in the past.I.E. after the end of the month, you may have 10 transactions between rental income, bank fees, repairs, taxes, mortgage payment which the bookkeeper has to classify.

Your lender will dictate the amount of cash reserves you need, as well as cash for taxes, cash for insurance up front, cash for lender required fix ups to make the loan, You will also have acquisition cost cash needs (for instance Inspection fees, contractor walk through fees, etc...) and your portion of the closing costs.

@Ricardo A Guerra While @Sean O'Keefe and @Nate Meeker make an excellent point, that the location of your tax accountant is not nearly as crucial as their experience, location is still a factor for a host of reasons.

Thank you,  I spoke with some expats that purchased in the same condo complex and they were talking to me about deducting flights, HOA fees and other stuff but they are serious investors with full time employees and large portfolios, I don't want to over pay taxes but I also don't want to spend all my profit on lawyers and accountants.   

After the FIFTY percent management fee, the house broke even…before even factoring in debt!

Apparently the closing agent/ title co factored in our previous years tax bill (in which the house was homesteaded ) instead of the last year we owned (it was a rental property the last year of our ownership).

Delve into the intricate details of how various factors such as location, amenities, and local demand are carefully considered to inform and shape rental pricing strategies.