Read above replies and all the other threads about bookkeeper.A competent bookkeeper will save you money in the long run because if you aren't maintaining the books correctly, the CPA will charge a lot more for basically fixing the books. 

But in the real world, you’ll probably want better coverage — including the often-overlooked Tenant Discrimination Claims Rider, which protects you against Fair Housing claims that most basic landlord policies don’t cover.3.

For entity I have a basic LLC partnership with my with my wife that is a pass through and am in Texas. 

I go with the Ohio law & I’ll leave the basics. the other leases i’ve read, some good stuff i take, some bad stuff i leave. i wrote down the extra stuff & stuff that will protect me (financially & personally). you will end up going over the lease many times over the course of ur real estate investing, that’s normal. get to a computer & start typing.

For example, in NJ we are basically pure ad valorem system, w/o homestead. 

I am also a member/subscriber of Vodessey, Short Sale Prophets Basic, and several others. 

Suffice to say my relative is not guy and he's basically going to donate all of is a state but for sentimental reasons he'd be happy for me to take over his properties as long as he feels like he's getting a little something out of it.

Hey everyone, basically no one I know invests in properties.

I also spent a fair amount of time playing sports when I was younger, as well as have had private coaching related to sports training and fitness, so I understand good vs bad coaching.The various RE coaching programs I saw from the oustide-in (via my clients who were in them) were gurus and sharks with questionable experience/expertise who were charging more than $1k/month to basically answer questions via a phone call or offer a monthly/biweekly "mastermind".

Basically it's like a loan - Flex pays the full amount on the first of the month and then the tenant has to pay the rest back by a specified date.