This also leads owners to ASSUME simpler is better when it comes to management contracts.

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.

I would consider getting out of property management and getting into cleaning IF you think they are doing better than you . 

.: I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC can own a property in Arkansas.Another entity that helps creates LLCs is telling me that the WY LLC cannot own a property in Arkansas, and I will need to create another LLC in Arkansas and the WY LLC will own/manage the Arkansas LLC.Can anyone who has actually created a WY LLC and used it to purchase property elsewhere answer this question for me please?

For example:How well does in-house counsel adapt to different jurisdictions, especially if we’re managing properties across multiple states?

Your parents can look to reinvest the remaining proceeds into a DST, tenancy in common investment, NNN, that are passively managed.

And if you are need of MTR management services, my company, Island Stays Hawaii, provides premier STR and MTR management services.   

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

In terms of property management, she mentioned that she has her own property management company.

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.