Be skeptical of the developer's claims, as your property's value likely won't see substantial growth until the entire development is completed and sold, which could take several years.

I managed a low end apartment block for several years. 

I knew some of the Peer Street management.  

I follow the letter of the law( no matter how much I may not like it) that's part of my risk management and my reputation.

I have an excellent agent partner who is an MTR manager there with 24 units.

We own the listing and self manage.

Here you are basically hitting it without needing to manage a property in another location.

I've asked my clients a similar question and have developed tools for them to minimize this, but I find there are a few different types of clients.Manager managed - these folks have no issues as they simply upload their year end statement from their property manager, their 1098 mortgage statement and any other one-off expenses they may have paid for outside of the management company. 

What is your average rent amount for all properties managed?

Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another  Scaling without investors can be tough, especially in multifamily.