@Daniel TisdaleBuy it from them at market value (or some agreeable amount) with standard financing and they get the home sale proceeds to use for their living expenses.

From what I researched and learned it was a very standard contract. 

I however am looking to hire a full time W2 employee to handle day to day operations and coordinate between these service providers and run things generally under my supervision.Need help with actually structuring the job description, company standard procedures, and most importantly how to find and vet this person.

I am a Realtor, flipper, and I have worked in the facilities world for quite some time.

If you can't do this, I'd suggest downloading the standard Realtor's assocation forms for your state for guidance.If it's large multi family or commercial, absolutely get a broker or mentor to help you.

As a structural engineer, I could bore you with all the design guides we use for residential or commercial construction, but if you really wanted to get some good sleep, you could look into the Residential Building Code for a deep dive into codes and standards for the construction of homes.

Hi,I am buying a raw land to build a new ground up self storage facility in central Ohio. 

With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income?

In my area there are 4-5 that folks are always posting in talking about deals, changing laws/lending standards, etc...Hope that helps, best of luck!

You can also look into a cash-out refi which have similiar standards and requirements to be meet.