It comes down mostly to your Management Agreement, although I doubt they would expose themselves from this clause.Max Spending: What is their limit to spend without your permission? 

So many reasons - like you found the "deal" on some limited stock item and don't order enough to allow for the usual waste and breakage (tile) and the crew runs out of material and you can't find a match.

Granted, this was years ago and before rents went crazy in COVID, but I was never getting anywhere near the Section 8 limit, but I was getting roughly market rate, more or less, for my properties.  

I'd love to provide a feasibility study and quote.

Hi, I would like to get started investing next year and I think doing a partnership where I bring the money and my partner brings the experience would be best for me (being a limited partner).  

I’m limited to my house price while my partner is getting his masters and doesn’t have a full time income.

If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence?

Doable but very hard to do with limited time, specially at first when its the hardest grind.

I have been studying up on books, listening to the BP podcasts and working on building relationships and letting people know that I am into REI. 

Again though this was a business not investors who are starting their journey with limited funds or credit etc.