Liquidated DamagesIf the Subcontractor fails to complete the work by the agreed completion date, liquidated damages of $[Insert Amount] per day will apply.

The Rockcastle Megasite is an example of a site ready property & is only 20 minutes north of London. https://dataispower.org/rockcastle-mega-site/. 

Quote from @Victor Yang:In addition, is it possible for me and my wife to gift 36k worth of equity per year of the house (under the annual exclusion limit) and therefore have none of the costs go towards the lifetime gift limit?

The transactions get imported to your dashboard and you can tag them per your needed categories.

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

You mentioned gross rents of $3400 per month and Principle/Interest/Tax/Insurance of $2500 per month. 

That’s $900 per year in earnings.  

The fee to submit an application is $600.00.

The terms for a 2nd position loan on a rental is 6%, 25 year term,  and 2 points origination fee.  

I think they all have fees associated with the account if it doesn't meet the threshold.