Either way, clear communication with the guests about who’s managing the property is key to keeping reviews and satisfaction high.Permit Timing:The permit delay makes things tougher, but if you buy the furniture and keep future bookings, you might be able to use that time to update décor piece by piece without fully shutting down operations.

Next, plan on inspecting your properties every 90 days; you can communicate this to the tenant as you ensuring the property is in good order and to help you plan for repairs/future improvements. 

A prudent investor doesn't seek quick riches through shortcuts.

You manage the headache of guests and communication, cleaning, etc. and he provides the property, but shares in the expenses and profits.

I'd really vet the developer, their past projects, talk to prior partners (GP & LP) to see how prior development deals worked out and how the communication was, etc.

For years I have seen postcards and ads inviting me to a Rich Dad seminar.

kept using people who don't do real estate to do my taxes, and also they had horrible communication skills, I don't trust people who only see u as money.

GP's going dark on the LP's, no response to communications etc.

Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there! 

I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners.