I plan to self-manage these properties and intend to operate my portfolio as a business, tracking all income and expenses while avoiding the commingling of personal and business funds.

We have used a property manager in the past and started self managing last year.

Its much more cost effective to outsource things like skiptracing and direct mail.

What's the most effective means of dealing with this issue?

And arguably I think most would prefer a management transfer period as well, I'd say 2yrs, because you've been self-operating so i don't want to fumble around int he dark to sort what "system" has been used.

I have owned iand self managed all for 8 years.As for point 1, I agree there is a higher demand for Gatlinburg, but it isn't that high to be called ground zero.

Albeit your self employeed which I get it there is a certain amount of freedom to that..

I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.

Read: The millionaire real estate agent; Hyper Local Hyper Fast AgentWhat are some effective ways to network with individuals at all levels?

I don’t know of any other opportunity where you can net $10-20K (in some cases even higher) per month on a single residential property.There’s usually plenty of room to bring investors in and everyone involved still win, even in todays higher interest rate environment.Financially, residential assisted living is usually a more cost effective option for families than alternatives.