I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me monitor operations, manage payrolls, and handle issues for my remote multi-family property.

But I also don't want the responsibility of paying for monthly monitoring/wifi, etc or tenants wanting to look at video, etc. 

I came across this article about the recent Salt Lake City Council budget amendment that includes money for the city to monitor STRs via some type of software.

You can have a tool that monitors the same data sources as you do today, but use the newest techniques in engineering to automatically extract names, addresses and cross reference that information with county databases before streaming that information to your CRM. 

Here's a snippet from our starter course on becoming a Local Real Estate Developer and it will help you understand where the value comes into a development project to see how to weight the equity and deal terms based on the experience of the partners in the deal. 

Otherwise it should 10-12% (it depends but if you add the leasing fee and weight it across 36 months then it will be more accurate than the flat fee)I'm not seeing 100-150$ per month for maintenance and I'm not seeing any similar amounts for capex reserve.Don't pay for utilities unless you have to for some reason.PP: 241kClosing costs: 3% is ~7.25k1-month vacancy: 1.8kLeasing fee: 1.8kImprovements: 5kAre you all-in for around 257k?

If you can come to agreement on how and when things will be done, you give him a chance to continue but you monitor progress closely.

The weight of my failures bore heavily upon me, casting a shadow over every aspect of my life.In the midst of my darkest moments, when it felt like I was drowning in despair, I found myself at a crossroads, teetering on the brink of surrender.

I do both real estate and stocks but my portfolio is heavily weighted towards real estate.

Where as with Section-8 you can pretty much monitor the process?