I also wouldn't be involved in day-to-day operations onsite.

If you want to scale, it likely won't involve you running your own renovations as a GC.

A 14-50r plug was always the preferred method, especially before the world woke  up and switched to the Tesla charging standard.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Ensure that the savings from the new loan outweigh the costs of the prepayment penalty and any closing costs involved in the refinance.6.

Quote from @Renee Pohle: Please talk to an attorney and create a strong partnership agreement that includes a method for parting ways.

While there are some deals 50 units or larger that transact without a broker involved, they're definitely few and far between.

I won't ever close on another OOS property without walking it first but that involves paying for lots of flights and hotel/rental car costs if flying out there to make an offers but the $1500 to $3000 would be worth the cost to me to save on future headaches. 

Nonetheless, I agree... with your mortgage rate being so low, it seems like it makes sense to access the equity via other methods beyond refinancing. 

Short-term rentals (STRs) offer a way around these limitations by being considered active income if you meet certain material participation requirements, such as working more than 500 hours or 100 hours, surpassing anyone else involved.