I state this without knowing your city’s vacancy law.  

There are SO many areas you need knowledge, if not expertise, in for every aspect of RE investment.The laws- LL/Tenant; Fair Housing; Fair Credit Reporting Act; Servicemembers Credit Relief Act; Licensing requirements for various workers; Insurance (property, liability, and potentially Worker's Comp); IRS codes related to the type of investment you plan to get into; Accounting Best Practices; Background Screening; at least the fundamentals of Construction and the various Systems typical to the type of properties in the area you plan to operate in; laws and rules applicable to operating as a Business (LLC, Partnerships, or other legal entities); Contract law; and the list goes on...Trying to learn all, or most of this AFTER buying a property, is risky at best, foolish at worst.

I currently host a midterm rental in Tucson, AZ, and I’m trying to decide what the best practice is for stays longer than 30 days booked through Airbnb.Some concerns I have are:Tenant rights after 30 daysLiability and damagesGuest screeningFor those of you doing midterm rentals through Airbnb, what is your standard process?

Hey RE agents, I'm a new wholesaler who is trying to build long term relationships with realtors (and of course compensate them well for their efforts), but I want to avoid the pitfalls that others have in terms of ou...

Business condos such as yours are somewhat common here, and I have quite a bit of Residential Condo experience as a retired Managing Agent.You must obtain copies of all Governing Documents for the condo project- By-laws, Declaration, etc. then we can go from there...

Curious how other self-managing landlords use PM software in practice.

In practice, many investors land on a hybrid approach for a while using third-party managers in some markets while building internal systems where the density supports it. 

If they are saying you can just use theirs and fill in some blanks, they are practicing law and you are taking a huge risk.

You don't need to go deep, you just need enough to understand the vocabulary and the framework (things like how title works, what due diligence is actually looking for, how contracts are structured, what liens are and how they attach to a property).Once you have that foundation, go read your state's actual laws.

You'll get plenty of suggestions here from armchair lawyers, but we don't know the laws in your state or the personal situation.