I have used property managers in the past, but the relationship inevitably sours as they fail the very basic industry standards for managing property.

In this industry you have to always be learning.

This will help us enhance our investment ventures and gain more knowledge about the industry.

@Micheal RobinsonWhat you describe is a mixed use property - retail on the bottom and residential above.

Side hustles, or gig work in the real estate industry can also be a way to earn money for a down payment for your next property. 

It is my humble opinion that the legislator who wrote the law (he represents tenants exclusively), was building a business for himself and trying to create an industry for attorney's to represent tenants.

My beef with the people who teach this are(1) they imply this is somehow related to real estate investing; it is not(2) they imply you can be successful with only the knowledge they teach; this is not true, you need managerial and business skills and knowledge to a degree way beyond the scope of the “training” they provide.(3) they imply you can successfully do this on a part time basis; it’s actually a full time business demanding all of your attention(4) they imply competition is limited; competition is actually fierce, except for the deals on which there is no profit.Additionally, this industry is state regulated, by the state in which the property is located.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

those with experience in the industry will tell you that Service is far more important than saving a few bps shopping lenders all over the place.. not to mention all the credit pulls for menumber 1relationshipNumber two know they can actually fundnumber 3 rate and termsNumber 4  junk fee's sniff those out many times lenders on the private side spring those on you in the final hud and your stuck. 

Also, if you hope to attract a national fast food chain, most retail developers will get a committment from them, or at least some type of LOI, up front to make sure that the chains would even be willing to have a store at that location, and what specs they would want/need for the building and how much rent they could pay, etc.