I have lived in Santa Fe for 5 years and am plugged into the commercial RE market as a full-time investor. 

The least states:"Tenant shall pay a "late charge" not in excess of five (5%) percent of the amount in arrears for each month the arrears remain unpaid if any Rent is paid more than ten (10) days after the due date thereof, to cover the extra expense involved in handling delinquent payments.

If you plan to live there in the winters, you might have a hard time doing long term rental outside of that and finding a new tenant every summer.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

lat=43.1688001618486&lon=-77.6159378282709 I’d also suggest considering whether you live or work nearby, so you can stay informed about any developments. 

Is that available to scale up and if there are investors,  resources to manage that side if the business.I imagine a $60M/year Lending business will need systems in place and more than 1 extra person.

Quote from @Brendan Doherty': I’ve read in books of people getting past having to live in the property they own so they can rent all units year one of ownership(living on the property with an rv).

Quote from @Kristi Kandel: Helping LA Communities Rebuild After WildfiresWhen Hurricane Ian hit Fort Myers Beach in 2022, it changed our lives forever.

As I grow I will hire a virtual assistant to take a few more tasks off my plate to allow me to live the same lifestyle. 

The goal is to minimize unnecessary usage and prevent extra costs, rather than blindly paying whatever bill comes in.