He lives in Austin as well and his expertise is cooperative living.

I think LTR vs MTR is very area specific and would rely on the expertise of the local agents!

I completely believe in paying for expertise but I want to see results first and it has to be someone I look up to.

We also have different single family and duplex models available. 

Yes, but that's our whole business model, so it's not terribly surprising to us. :)You're in the right forum to learn about MTRs.

.- Write and publish 52+ high-quality articles on adding the build-to-rent and build-to-sell business models to your real estate investment tool belt.Are you doing all of these in San Antonio?

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

As has been pointed out already, it's a different business model and do they even know to manage it? 

A 1031 also adds complexity and timing pressure.Watch Out For:Opportunity Cost: Renovations tie up cash that could go toward other investments or reserves.MTR/STR Management: These models require more time and effort than LTR, even without a property manager.Market Risks: WA properties may appreciate slower than expected, and higher costs could reduce your margins.If cash flow is your priority, option 1 (renovate and STR/MTR) likely offers the highest upside.

It’s always smart to do your homework and make sure the provider’s model aligns with what you’re looking for.As for fees, management companies typically charge 8-10% of the monthly rent.