I would suggest to meticulously research the area in regards to the class of neighborhoods, school ratings, crime rates and demographics as some areas cash flow well but require more "management" due to the class of the neighborhoods.

By the grace of God I've managed to hang on to most of my family's Farm from government aided land grabs and I'm looking to educate myself on the various options available to me for an exit strategy of this property.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

I'll say doing your research on landlord-tenant laws is crucial, consider property management if you're not into self managing your property, secure financing, crunch the numbers and prioritize location and property condition when searching.

In general, Dave Ramsey is very good at helping people who are deep in debt and struggling to manage their money.

Are they harder to manage than duplexes?

Looks like I should have asked more questions :) Okay some of the comments are assuming you plan to be the main operator and you won't hire a property manager. 

Hi,I'm looking to see if there's anyone that knows property managers that do room by room rentals or any advice on this in the Austin area.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

He acts as project manager, sources, finds the subs, and even oversees the staging.