Quote from @Noah Laker: I'm a local broker and investor, and manage 100+ Airbnb properties for clients.

Joe Edwards is managing partner & we’ve been working with Nick Raiamondi.

Does it have shared systems you have to manage or separate utilities for everyone? 

It’s when I realized that I need to get the lion’s share of my efforts, not pass them on to managers upon managers above me.

This will be some management company, right?

We are currently negotiating a deal with a property owner while building relationships with engineers, builders, town managers, and others who (like @Steve B. says) we would have never thought reasonable to call without the education we are getting from VestRight. its just an advanced version of the very simple concept on BP of creating your core 4.. of course with developement its more like your core 12 :)  good luck all in the development world.. this can be done.. but its not something that will fall in your lap its not like talking someone into selling their beat up rental :)   

Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.

Then you can self-manage and learn all about tenants, contractors, etc. 

I have a team that manages our ads getting $15-20 leads nationwide wondering if AI is beating that.

You can explore bedroom rental also as opposed to the entire unit with 1 party but that is more complicated for management.