If we partner with a builder I am assuming they'd get a percentage of ownership and at that time we'd let them handle everything dealing with the actual development- land clearing, managing the contractors, as well as all other costs.

As I mentioned this is my first property and I got to this point without too many questions since my realtor was really helpful, but my property manager wasn't as helpful and she mentioned that I should discuss this with my insurance agent, That I don't really have one reference to trust, so also if anyone has a good insurance agent from Utah it can be helpful.

Most properties take a few years to appreciate and cash flow well.Replacing a $60,000 annual salary would require around 50 rental units, assuming $200/month net cash flow per unit after all expenses if self-managing.

I currently own two STR's and manage his STR. 

is it self managed or professionally managed? 

I’ve run into an issue with how to pay a client for STR hosting/PM. I would like to do it electronically, but I’m butting up against monthly limits in Zelle. During high season I will be distributing $10k+. Anyone hav...

Beyond that, I am a Mortgage Branch Manager and my team specializes in working with investors.

Hi Brandon, I'm a Realtor and Property Manager in Huntsville AL who specializes in working with investors!

Many financial planners and wealth advisors are going to be super hungry to get you to hand over $5M in investments to them to manage.

The only other consideration might be if your client considers managing 2 significantly different than 1.