Regulation has slowed the market and made it harder to be an operator.I've never operated my Airbnb to its maximum efficiency because of the time it takes. 

I don’t do “buy and hold”.The thing is I’m ALWAYS looking for the highest ROI and most efficient and effective way to build my personal wealth.  

This included installing new tile flooring at the front of the house to enhance curb appeal, upgrading the electrical panels for safety and efficiency, and putting on a new roof to ensure long-term durability.

We also see the long term potential of rental properties and what they could mean for both of our growing families.That said, I am doing a lot of research right now into the best ways to structure the legal entities so as to get us involved and for tax efficiency purposes. 

How do we know that you didn't want us to address 90% of your post that details how you got into this situation?

.- These team members serve in a concierge-style role, taking calls and addressing your needs.

I'd like a systematic way, that's more efficient than my current excel sheet, to ensure I'm following up weekly with the same people while keeping notes etc.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

They also require less time compared to owning a rental outright.The reasons that I don't like REIT's as you mentioned in your post is that they are not efficient from a tax standpoint.From my understanding, REITS pay ordinary dividends and not qualified dividends.

You can also ask the agent to walk you through the last investor deal they did, what went well, what problems came up, and how they addressed them for their clients.Ultimately you'll have to feel comfortable building a relationship with the agent you choose & find confidence in the strength of that relationship.