And our flagship development US item, Japanese style toilets in the USA..... ai powered!

At a minimum, having viable plans in place for development will make these lots more marketable and valuable to potential builders when we have conversations. 

There is strong macroeconomics because of the growing population, job market, and the major companies moving and developing here.

As for property management software, options like Hostaway or Lodgify can streamline bookings and communication.

It takes time to develop trust and credibility with potential investors, so don't wait until the last minute.

Because this property is located in midtown historic district of Sacramento, we feel there may be market for both MTR and STR, but first thing is we will target LTR and let 3 or 4 units filled in.When we first start developing this apartment from ground up, it was intended to flip and move on to the next project, with timing and interest rate etc.. we deiced to keep it as a cash cow for a while and see how things go.  

Quote from @Fakaradin Floyd: Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated.

Turns out the developer didn't fix some underground pipe and it took years and lots of $$ for lawyer's fees to get things fixed. 

Quote from @Grant Francke: For those with using Buildium for property management software, do you use Buildium's public site or do you use a website you have made and maintain?

For a more general philosophy on hospitality, especially if you are going into the higher end STR space I would recommend Four Seasons: The Story of a Business Philosophy by Isadore Sharp about the founding and development of the Four Seasons brand.