There is not the risk of HOAs changing the rules like in other locations, it's a true vacation market with very few full time residents. 

Kaplan was great because I work a full-time job, so the course allowed me to complete it on my own time.

I finally start my full time job, report 60k a year, which is not very high considering where i live and my home purchasing power.

FWIW they charge ABOVE market rent, to high risk tenants and collect rent in cash or you are put out by my full time maint crew.   

I like Kevin's Idea, I would like into Relay for this. you can have around 20 Checking accounts and 2 Savings accounts, they allow you to pay with checks that they said and ACH Payments, both free, and it connects to QBO with ease.They also allow you to have multiple EINs(LLCs) under one log in. you might have to make transfer, but having a Bookkeeper who is on board with your structure would allow you to not have to focus on that part as much.This sounds like an idea I may use for future clients I would have.Good Question!

Is it a full bathroom or a half-bath?

I am trying to get a full understanding of the expenses and the tax implications of having a tenet. 

I work a full time W-2 job and family life is now a priority w/ 2 young children....so I have been bringing on contractors to do my renovations.   

Some idea's- wholesaling, structuring a seller/creative finance deal, or finding a deal then finding a partner with funding then offer to provide the management and grunt labor for a small slice of equity (10% of a deal is better than 100% of no deal). 

Current 2 units, we're using self-contractor since its full cash.