Good questions @Charles Carillo, and my motivation with him using it as a primary is the fact that I will be able to put 3.5% down since it will be his primary versus 20% if I finance it as an investment. 

In California, with activist judges, and attorneys who may choose to take certain cases based on let's just say physiology versus money, to me it presents more risk- which is why I do not operate in California.

It’s important to weigh the opportunity cost of tying up your cash in a single project versus the potential benefits of leveraging financing.Ultimately, it depends on your risk tolerance and investment strategy.

That is why I think that it is a vital separation between a person that just becomes a member and posts a logo up versus a person with a designation.I tried to condense my thoughts so I hope that makes sense. 

Versus my last rehab an added half bathroom was worth ~$50k according to the data.Good luck

This is why you really need to review the comp sales versus the subject property to make sure you are comparing apples to apples (or as close to).

However, I'm curious about your approach: What factors would you weigh when deciding between managing your own property versus hiring a professional management service?

@Ariel Gonzalez, I can say that, from my perspective, General Partners experience is something that many groups were able to get around but many LPs are learning what experience is versus EXPERIENCE.  

Throw in the fact its a county seat, has access to not only rail, but regional air, three US highways, two state routes and a state park, and I would wager there should be many more than 10,000 people there.

The first is the interest rate, my guess from the information you gave is that the loan is about 6% which isn't all that bad, but high enough to consider paying it off versus investing in some S&P 500 etf (depending on your marginal tax rate).