Is this your full time 40 hour per week job?

The discount on the full hurts!

this depends on three things:1) your work ethic and personality2) your hunting and acquisition budget3) your timeTIME: If you're working full time, door knocking is out of the question.

As first-time landlords, we considered self-management, but as new parents who work full-time, we decided that hiring a property manager would be the best option for long-term rentals.3.

Quote from @Stephen Smith: You are correct, this can happen, however, if your application is full and complete this is an expectation.  

The calls and meetings are designed to provide our investors and potential investors full transparency.

And that BNB that just got 40% of their investment back is now competing with you, the small investor with a single condo that you paid full price for with no tax benefit. 

Whether it's considered an arm's length transaction is debatable, but it's not illegal.Move forward with the sale and ensure full transparency with all involved parties, including your CPA.

I've seen clients just opt to build an ADU rather than go forward with a full lot split for several reasons. 1.

I don't want to bite off more than we can chew with managing a full reno while we learn the ropes.