Requirements for becoming a lender will vary from state to state, but at minimum, whomever operates/manages the company will likely have to meet industry experience requirements and will need to meet capital/bonding/licensing requirements specific to Texas.

I just want to know if there is an industry standard or convention in this situation for how these things are divided up between the PMC and on-site management.

Yardi-Voyager is relatively ubiquitous in the industry, so this should be easy.

I would like to address the concerns that you brought up and hopefully help clarify any confussion and see if you are still in the industry looking for financing options. 

There are other ways to make a buck in this industry.  

.- As semiconductor, electric vehicle and other advanced manufacturing companies flock to central Texas, companies in adjacent high-tech industries are piquing interest in Austin.Austin is one of the most dynamic and exciting technology hubs in the world.

Keep firing questions. 25+ years of experience in the real estate industry at your disposal.

A lot of them don't understand the rental industry in the Myrtle Beach area.

I definitely learned how to get travel nurses in my rental but more importantly how to properly run a midterm rental business and get contracts with insurance companies and other industries I didn’t even thought of reaching out to (I learned more than what I thought of just by being surrounded by people with the same goal, and everyone was gracious enough to help guide me along, sharing their experiences and all the nuances in the journey that cut my learning curve/time). 

Cape Coral is a unique market in that it offers access to nearly every major investment strategy within a single market such as LTR, STR, new construction development, land banking, retail/commercial, industrial, etc.