I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

Seems odd as this would be a business expense for my business.  

If it’s multifamily, I’ve been in the business for 20 years and can share some insights.

I use this property and another one as my business line of credit. 

As someone who’s spent years building a real estate business from the ground up, I’ve seen both sides of the equation.

Hard part with business is separating your emotions from it.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

When you do the turnkey offerings to completely new investors like that, you're going to end up working with a lot of inexperienced investors who blame the turnkey operator for things that are a normal part of the property management business.

The nice thing about the arbitrage business model, is the companies usually pay you a monthly rent, and then they handle all of the AirBNB stuff. 

If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.