If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.  

It sounds like you may be a better fit for a smaller operation that still offers guided tours.

@Jay Hinrichs exactly the risk is even more than traditional development and the profit is actually less with more operational headaches.

Does the operational company already exist and have income history?

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.

Does anyone have any advice on effectively setting up temporary battery-operated cameras on a long-term rental property to deter break-ins and squatters while rent-ready repairs are being made before a tenant moves in?

As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.

How do you plan to operate it?

Is it Leasing, Property Management, Vendor Management, Operations, Finance, Accounting... 

Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.