So your number of 715k may not be too far off depending on the square footage and also the age of the cabin.For anybody to suggest otherwise without knowing more information on your specific cabin isn't giving you the best advice to be honest. 

Multiple people including myself have tried to caution him of the the true costs but he's been repeatedly dismissive and has made it clear we give him motivation and he wants to prove us all wrong (whatever that means). 

We made a lot of mistakes like working in the wrong order and doing work just to keep my employees busy.

Do you have a specific question? 

I don't think it can be overstated that you need to speak with rental owners in the specific Housing Authority the properties are in to see how the housing authority operates. 

This must be done within a specific timeframe (before January 31st), usually during the year following the transfer to take full advantage of the exemption.

If you ever want to discuss specific steps or options, feel free to reach out!

Basically if you are an investor in Spain specifically in Barcelona or Valencia, I'd love to hear about the strategies you have seen work the best over the last couple years and anything else you can tell me to look out for when investing here. 

Are you specifically looking for COC, ROI, ROE, etc??

Thanks but I did scour google and the MN statutes but could not find any specific statute that stated as the owner of the property you can have a direct non-licensed employee to perform property management.