I tried calling around the respective govt bodies, but wasn’t able to get clarity on whether out-of-state investors can setup such a facility.

Most people will not qualify for this, Fannie multifamily is simply not an option for someone new to this asset class.Bank - This is a Texas headquartered bank. 25 year amortization isn't the sexiest, but that's a human-attainable interest rate with very modest points/fees, with a short prepayment penalty.

Not only that, most of the "GPs" had been working in Tech their whole careers and had only been into real estate the past couple of years.Don't get me wrong, we have a lot of very smart passive tech-industry LPs, but you want a vertically integrated machine of humans with deep real estate experience.

We are all human beings so being humble and trying to work with people often seems easier than creating conflict.

You'll need to provide Entity Docs for each LLC that is a part of the transaction so that the underwriters can review them all the way down to the natural individuals/warm bodies. 

This book caused a big paradigm shift in how I view human error and mistakes by humans entirely!

Also- helps to check-in/follow up and humanize yourself with the guest throughout the process from post-booking through their stay.

Who is the human in the command and control seat?

You need to contact the governing body that has jurisdiction over the zoning laws for either the incorporated or unincorporated of the county or city for the plot you are interested in building on.  

Although we are self service, we still touch the human race.Driving home tonight.