If I understand correctly you'd be purchasing the land, and improving it and splitting it into the appropriate "buildable lots". 

Asking in the correct forum will get a better response.Need a spreadsheet or form?

That part is not as straight-forward.Such operating agreements are frankly costly when done correctly.

My experience has been that this is absolutely correct.  

I believe that the ARV I originally thought was correct of 160-165k which after a cash out refi will get me my money back and then be about break even.

I have great properties that sell themselves.I love the analytical tools and free price automation Vrbo provides. 

hey tim, i should have been more clear. i will be doing all of the property management per se, just looking for an organizational tool via an app or software that will consolidate the communication for my duties. i only have one out of state property and just dont think the amount paid is worth the relatively low stress of this specific quality property and tenant pool. i will look into stessa and buildium- thank you for the recs!

I hope I understood your scenario correctly.

Thanks Tim - yup you are correct.

List it on AirBNB and VRBO and use the built in tools.