Is it simply that I find the average sales price of a 5 acre tract of land within a specific radius of my property in the year that I inherited it?

I would start by finding areas you actually WANT to live and go from there.Picking a place to call home simply because it has a real estate market that you feel will fit your goals is a great way to end up miserable. 

If the partner moves out of state next year they are still a 10% owner, but you simply hire another property manager for that same 8-10%.

A PM offers so many additional services in addition to things you cannot do yourself - like simply having a 3rd party between you and the tenant.

Communication is lacking.

You simply wait until you find the right one. 

geesh people have to catch a clue this is simply not realistic , or real or anywhere close to that.. if they did all that why would they split profits.. .they would just do it all themselves and not need to sell a service..

. - Inefficiency with payouts and administration will be compounded as the FAIR Plan has zero experience with a major pay out and lack infrastructure of assessors and technology to distribute the funds they don’t have.

The seller not necessarily settled, Seller simply took the only offer they had.

Most of my owners use our services because we take the property off of their hands and minds and they simply collect their checks as they come in but I have some owners that prefer to be more hands on and use our services because they value my opinion, resources, and ability to get their homes occupied at top dollar.- From someone who owns and operates a MTR and LTR PM company with over 75 units and an investor myself