The most information in this thread is not accurate.

This would be an easy decision however I do not think you can come close even with you being active in the process.  

The InvestRE360 Mastermind will meet on the 29th at noon in Idaho Falls, the East Idaho REIA will be February 19th in Idaho Falls at TitleOne at 5:30pm, and the PokyREIA in Pocatello should be the first Tuesday in February. 

We are not too strapped for cash, but it always seems better to have more in the bank than less.

If not, you may not even be able to finance this on a conventional loan.

An example is on one permit I had plans for electrical, plans for gas, plans for AC condenser.

GPs can only promote on classifieds.

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

Others have hit it on the head.

Honestly, it seems like you’ve got more skin in the game than I do since I’m just getting started as a bird dog, but I really admire your approach.I think your focus on tax-efficient strategies and building a reliable team is spot on.