Obviously, I have no intention to start investing in large apartment complexes (Anything larger than 50 units) or incorporate LPs, but curious to hear everyone's opinion on sensitivity tables along with using equity multiple figures.

longboat key limits most rentals on the island to 30 day minimum (that does not mean you can't rent it to them for the whole month but they only stay one week) our complex also limits how many times a year you can rent it out. 

Also might be worth mentioning, my wife and I will be inheriting a couple apartment complexes in both Japan and the US.

For generations, hell millennia, things operated on a simple system that there is some geographic feature, somewhere, that brings many together in 1 spot, that brings more, a city builds, grows, and get's to a size that a kind of "gravity" is made putting people and industry in a geographic "orbit" of that market center. 

I’d look into the condo docs once you get them but the age & size of this condo complex make me think those issues are unlikely in this case. 

The economy is far bigger, more nuanced and complex requiring a much MUCH bigger vision and calculous. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Depending on whether or not you want to upload other documents as well, some software also has a receipt scanning feature that allows you to take a photo of a receipt with your smartphone.

Hostaway doesn't allow me to manage just one property on there which sucks and hospitable doesn't seem to have the best features.

With a private loan, your partner can earn a 10% interest rate on the loan amount, providing a steady return without the complexities and risks associated with property management or market fluctuations.