Keep systems in place for managing documents and contracts.6.

Honestly, I never fully understood what they meant—until recently.I’ve been diving into some larger-scale real estate projects, specifically in commercial properties and multifamily development.

Even if a title company were to manage the setup making sure all parties are paid, the cheap debt and cash flow would not be enough to be enticing to any investor even if midterm rental could yield a healthy return. 

Most property management systems allow for one time charges (which these will be as they are variable).

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

After designing 100+ projects in 22 states across the US, we’ve come across almost every type of home, ARV, and target buyer.

As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.

I'm a local, CT based investor, flipper, and property management company owner.  

I would shoot a DM to learn more about your micro hotels- projects.

Feel confident turning over management.