I wanted to start tracking my daily hours in the business and wanted to understand HOW I need to do this so it gets approved come tax time. 

Managing remotely works until it doesn't.

.: I just hired an architect to design and plans submit for ADU in my 8 multi unit to use the tuck under parking.Some people say do not try to be the general contractor as it will take way more time, costly mistakes and will be nearly impossible to manage with current work. best to hire a company that will do it all and cost about $250 per square foot.

“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc. 

My wife and I purchased our first home, a multi family, to house hack in late 2024. The property is in great condition and we got it at a great price! Downstairs 2br 1bath unit we are living in. Upstairs is 1br 1bath....

I'm surprised you can find a manager for 15%.

The ability to effectively self manage would depend on the scale you are trying to buy. 

@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.

Travel time has been treated unfavorably by courts, with a few exceptions.

I can sell it at any time for a profit, so I'm hoping to let it run and pay for itself for a while before we make another decision on it.