You have to know how to run it properly.

Yes, you will likely pay close to or at retail value if you are buying a quality property that has been properly renovated. 

Avoid rushing into a distant market without proper research or a trusted team—it’s a recipe for setbacks.

I am trying to manage the asset and the property managers.Here is the basic functionality I'm looking for: Property View: Customizable view that allows me to select a given property and view, update, and save information including the obvious facts, plus ownership %'s, reserves to be held each month, property tax/insurance info, purchase and loan info.

Short answer to your questions is if you have a properly set up LLC then all transactions (lease agreements, invoices, etc) are under the entity name.

A non conforming unit is technically legal but it doesn’t meet current zoning (but possibly was once a legally functioning unit as a residence).

Your bio says "Denver" but that could mean a lot of things and there are significantly different rules on renting out your property whether you're in Arvada, Westminster, Aurora, Denver proper, etc, etc.

Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

They can ensure it’s done properly and provide advice on your specific situation.