I respect him and what he did for BP, but that sounds like bad advice. 

Architecture did a design and well respected contractor estimated the buildout of 4 plex would be an additional ~800k for total project cost of ~1M. it would be ~1.2M for the 7 plex.  

With all due respect, $43,000 is not that high for a salary nowadays.

However, we understand that the STR model may not align with everyone’s goals, and we respect your decision to step away after a year.

I don't just hand over money unless I have a good respect for the person. 

I'm guessing/hoping it's a combination of my screening, having a nicer than average unit and being responsive and respectful With the tenants.  

There they have a much higher likelihood to get tenants who will pay not to mention respect the property and make things easier for everyone. 

Once again the OP is just Sir with all due respect, please stop berating and spewing negativity about Tardus.

Reason Respecting: Why our C-D rentals better than A-B?

I am working on my RE license for VA and see some gov contracts where JLL "is the Commonwealth’s contracted real estate broker for current real estate services, including with respect to the acquisition or lease of real property and the disposition of surplus real property."