Either define a set period of time that you will serve as a manager for no cost and then collect xx% of revenue as a management fee before splitting profits.

It costs around $1,300 or so, and I believe (at least for me) the peace of mind that it is done 100% correctly is worth it. 

Don't spend time focusing on buying your first property, spend time setting yourself up financially so you can succeed in the future. 

Set up a clear scope of work and schedule regular video check-ins with photo updates.

I have some pre-written advice for beginners, people asking if they should set up an LLC, how to find a property manager, etc.

Potential Reinstatement of 100% Bonus Depreciation: 2024 is 60%. 2025 is set for 40%.2.

Then set up a bill-back for this service.

I also use Pricelabs, which takes some configuring up front, but I have it set to only allow monthly stays up until about a month in advance.

There's no better person to follow right now.Check out Set for Life by Scott Trench.

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg