This would likely be a bad investment in your position. 

Depending on the size of your PM company they may or may not have an internal maintenance position to handle these.

Plus, you do also put yourself in a position that makes you more liable for a lawsuit if you self manage.  

If there were a tech solution that solved the security problem or a human solution (licensees whose sole job was to open doors), that would be a positive, time-saving innovation.Again, for the many'th time, your referencing EXISTING things/business's as-if your planning to "invent" what already exists....... https://showami.com/ 

But an equity position is not recommended unless they own the dirt or bring some other kind of value. 

Seems pretty positive.

Any insight, positive or negative, would be immensely helpful.

Rise up the ranks to a c suite position.  

But it’ll be harder to find properties that cash flow positively on day one with a 20% down payment in the best locations, which is what a lot of remote investors are after.

Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)