Even with my former partner (who was our 'PM / GC' on site for our projects), it was sometimes tough navigating the process, managing budgets and costs, and keeping everyone in line, including him. 

This was found off market, we have developed a process to find off market deals.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

.: Quote from @Bryce Cutler: Sri, I am in the process of switching from Hostaway to Hostfully for my 5 listings.

Even something as simple as utilizing ChatGPT to speed up certain processes such as asking for generalized information on a market's demographics and immigration patterns can be useful and save a lot of time.

How much will depend on how well their processes are designed.

Keep an eye on those delinquency rates and ensure that the property manager is proactive in rent collection.Maintaining open lines of communication with property managers is also part of the process.

Start small with a single property to learn the process and scale as you gain experience.This post does not create a CPA-Client relationship.

Do you understand the lien sale process? 

Ourcurrent approach involves identifying possible contact information for thelisted owners and calling multiple numbers, but this process is time-consumingand yields limited results.