My wife also made it clear that if we were going to expand beyond what we already own, she didn’t want to be involved in managing them.

I was involved in two small infill developments in Michigan (about 15 houses in total) so two very small parcels. 

Decide how involved in real estate you want to be.

Pricing models vary, but I use a flat-fee approach based on the intensity of design strategy and level of investor involvement.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Anything beyond that makes me wonder if he might stay too involved.

If they fail to comply, you may need to involve legal counsel or contact your state’s real estate commission.Hire a Reliable Manager: Finding a professional, responsive property manager is key.

Buncombe County's current proposal says once the application window opens you'll be able to obtain a zoning variance, which will permit you to STR the home, and will be transferable to future owners of the home, so long as you can show some evidence that you've STR'd the property for at least 2 consecutive days in the last 180 days.

What methods do other private money lenders use to pass along servicing fees to the investors involved?

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.