You need to have it fully stocked so people can cook while they are there and I tell you it is very important.You need to setup regular services for the hard systems like furnace, AC etc to keep them in top condition.

It’s awesome to see your enthusiasm for long-distance investing and buy-and-hold rentals—it’s a smart strategy that can work well with the right systems in place.

If you buy a $100,000 home for cash, your $100,000 controls $100,000 in assets.

If I am losing money on LMHA as a landlord then there should be 10x that number of good people losing their vouchers because they cannot stay in good standing with the excess failures the system has at present. 

But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?

We currently manage 4 medium term rental and have some systems in place. 

If you do not know how to control money well, adding more to your bank account will only create new problems.

I'd like to keep things relatively close as we get started, perhaps grow out once I get my processes and systems nailed down.

You would have to create an HOA to manage the common area and keep control of that or create a self-managing HOA for the four owners to manage together.

By no means am I an expert but I tend to be very organized and our systems have worked well for us.