He's very active and knows the market quite well.

There are many who will argue my methods and that's fine, it's worked very well for me and has been extremely rewarding in ways that cannot be compensated monetarily. 

You get a deduction for the contribution, the gains grow tax-free and as long as you use the proceeds for health-related expenses the funds come out tax free as well. 

First time investor, hoping to obtain my first duplex soon, and this family land purchase is on the horizon as well.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Or just go outside of the city to invest in Cabot, Conway, benton or Sherwood as well.

Those remote flips and high cash flow rentals are so tempting on paper, but they rarely go well in reality. 

If you feel like you have a strong argument, you might as well try it's the way I look at it.

Quote from @Khaled El Dorry: I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me.  

Well duh, because that motive to alleviate the bad is gone.