What if I'm the operator of the Fund?

Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing? 

100% agree either make it operable or get a fridge with no dispenser. 

There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.

I'm also concerned about the liability that I might be exposed to here by allowing what appears to be a business to operate out of my rental.

Look into contacting some builders that operate larger scale in your area.

There is one quality operator who gets ~$50K on a house that would sell for $250K.

Looking forward to the journey ahead....In my experience, very few properties in Ohio are strictly required to operate as Section 8 rentals.

Although he is a banker, he thinks having the ability to operate as a broker and place loans with 30+ other lenders, in addition to his bank, is the "best setup."

My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.