I was wondering how people managed to scale their businesses faster.

My Wife and I manage the properties, we share in this approx [hours weekly].

Learn local landlord-tenant laws, FHA and VA loans, and property management software to streamline rent collection and maintenance.

Highly recommend self-managing so you can take advantage of a cost segregation and the short term rental loop hole!

.🚀 Making It Work1️⃣ Optimize Your Space – Converting a living room or office into an extra bedroom can supercharge returns.2️⃣ Target the Right Tenants – Young professionals, digital nomads, and students love co-living setups.3️⃣ Automate the Management – Using systems for roommate screening, lease agreements, and shared expenses makes it passive.Co-living is gaining serious traction in house hacking circles, and I’d love to hear from others who are using this model.

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property. 

I follow the letter of the law( no matter how much I may not like it) that's part of my risk management and my reputation.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

STR Property management is common and I know a lot of folks doing this.  

A solid lender, contractor, and property manager can make or break your first few deals.What strategy are you leaning toward first—flipping, BRRRR, or buy-and-hold?