Hi Calvin,We pay for all property management technology fee's, etc... and that isn't a separate bill per se.Those are our standard operational expenses so on us to pay for.It would be like McDonalds charging a per burger fee for tech they use hahaWith that said, many folks don't realize how much it costs to be a full time "property manager" and not par time property manager like many realtors are forced to become due to client demand.When you are a brokerage and only focused on property management and not sales, it becomes a very expensive exercise making your company efficient and being able to offer an above par service to tenants and landlords. 

I live in the Seattle area so investing locally is difficult; I chose Cincinnati because my wife is from there and my in-laws still live there. 

although residential real estate is not crashing but we lost most of our friend during boom times, while many MF syndication failed now due to oversupply/rent reduction/vacancy issue and cap rate contraction, office is primarily going to 2013 cap rate , retail has no vacancy ; and lot of property technology startup is closing down as well from veev modular home to better.com mortgage to zeus living to wework.

What technology or tools do you recommend for managing private lending processes and client relationships?

Additionally, I’ve had several successful viral posts on Reddit that indicate a genuine interest in the concept.Questions for the Community:Which approach do you think has a higher chance of success in the real estate technology market?

The negative aspects out way the positives in most cases given our current technology (even for a primary residence).

Creating the listings are challenging, technology doesn't always make sense or work the way you would like.There are no metrics for your ad being clicked on.  

With technology and public access to MLS and other data bases, the value of and number of deals where a wholesaler can add value has declined significantly2.

What I'm saying is you might be over estimating the time and difficulty of getting the project completed with permits.

I used to use some Schlage Connect locks that uses z-wave technology and requires Smartthing hub, but quickly found that one more device means one more hassle.