If you take lessons from The Hands-Off Investor and many people here, you want to judge the operator first and do your due diligence on them.

Also, the ability to export reports for partners or lenders would be a plus.Essential Data/Analytics: Reliable rent estimates, cap rates, cash-on-cash return, operating expenses (especially maintenance and CapEx), and local market trends like population growth or job market health are key for decision-making

Clear communication is the foundation of successful real estate transactions.Remember, the real estate market operates in cycles, and timing is crucial.

Its not a core business problem, its a incompetent management problem 

It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck

There have been some big players entering the PM market and a lot more interest in acquisitions of smaller PM operations.

Quote from @Ashish Acharya: @Javier Molina California aggressively enforces its $800 franchise tax on LLCs deemed "doing business" in the state, including Wyoming LLCs if you reside or manage operations in California.

Annually, I manage multimillion dollar construction projects and operations of a large scale facility.

Ooh, just met an operator there and they're doing really well. https://www.bearbranchcabins.com/Sounds like the A-Frame design is doing much better since that's a trending renter demand.

My question would be becoming a qualified assisted living operator and the certifications / licensing per your state (For me Texas) to get your property up to code?