I’m looking for more of a mentorship that involves real assistance from good humans throughout that first year. 

The person will assist in some prop management but largely the GP will oversee/ manage most of the deal (design, permits, construction, leasing).

The paperwork, the tenant communication, the financial tracking – it was all so time-consuming and stressful.

Larger checks often want longer track records.  2014 founding doesn't cut it when these same investors have access to groups with 1998 founded companies, with more deals and similarly consistent returns.Co-investment: Larger checks often do require significant co-investment.  10% of equity is common.  

I'm a huge proponent of being able to lawyer without the assistance and expense of counsel.In the big scheme of things, eviction proceedings are quite informal compared to other actions and really the question becomes 1) is there a valid lease?

Totally doable if that sounds like something you're willing to do.If you were looking to go that route, I'd recommend getting a Customer Relationship Management (CRM) software to keep track of leads and follow-ups.

I like how easy it is to track progress, and the ability to assign tasks or set reminders makes sure nothing gets overlooked.As for Asana pricing, it offers a free plan, which works well for small teams or personal use.

Performance Tracking- Monitoring Metrics: We keep an eye on key performance indicators to find areas for improvement and make adjustments.- Managing Cancellations: We review cancellation patterns to minimize future issues.While managing short-term rentals may seem simple to some, it can be a lot of work behind the scenes to ensure every detail is optimized.

They have answered your question pretty well here, but I would just be sure to track your basis very carefully when looking to doing multiple 1031 exchanges with depreciation.

Common expenses include:- Attorney Fees: Legal assistance for reviewing contracts and ensuring compliance can vary based on the complexity of your deal.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.