I only hope they will have a concentrated effort to right the ship, be forthcoming about the blindspots, recovering for you and all the other investors in Fund 4.

., as well as most countries require the settlor to give up control and benefit of the asset in question for the “asset protection” aspect to be legally effective, some countries (usually very small countries) have laws for trusts that theoretically allow some control (or at least input) of the assets by the settlor while still maintaining the asset protection feature.  

Property managers typically belong to state or national organizations that continuously update their contracts and processes to maintain compliance.

Note i put forth effort in an attempt to maintain a leveraged position   With the recent rate hikes, my equity position has never been higher which i consider undesired (but teading 3% rates for over 6% rates is more undesired).  

Its costly to maintain a real estate license.Also keep in mind if you are not a member of your local board, you can not use their forms.

While PM itself won’t create significant wealth, it opens doors: when clients sell, you list the properties; when investors buy, you manage and maintain their assets.

Some investors rely on the BRRRR method to keep their capital working, but in a high-rate market, a short-term strategy like flipping a property could also provide a quick cash injection to maintain growth.

I'd consider doing some kind of cash out refi on the property at a number you're both comfortable pulling out, while still leaving $ for reserves to maintain the STR you currently have.

Maintaining that relationship beyond just the lease up process and whenever the tenant has a maintenance issue or lease expiration completely changes the dynamic of the relationship.

Assisted living has historically outperformed most other real estate classes, have maintained incredible occupancy rates (despite the COVID blip), and continue strong rent growth.