Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

To really make a good informed decision you'll want to look at all of the metrics of your properties performance. 

The investment itself seems to have been under-performing since the very first quarterly report.

What due diligence is performed to make sure a market will support their co-living concept and what percent of the rental market?

Some investments give better ROI in Phx, such as multifamily, and some generally perform better in getaway destinations (Sedona), for STR's, etc. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

But by the way they perform Matt must over burden them with tasks outside their experience level.

I find a lot of books and articles give the perfect scenario or the absolute horrific situation to get eyeballs.You will not have to perform at a level 10 consistently (10 meaning demanding). 

6 months later, I have doubled the size of the yard with all the clearing, performed a unit turn raising rent over $600.

A smart seller/listing agent will likely require a large EMD to tie you to performing on your offer, so be prepared for that.