Okay...Yes, infact this is specifically what we look for when buying investment properties... undermarket rent.

Are you looking specifically for a licensed property manager, or are you looking for someone to host your STR and handle the day-to-day operations while you make passive income? 

I have several questions to answer before writing a proposal and would greatly appreciate any advice whether broad or specific:-What are the advantages of a partnership with a pre-determined percentage of profits shared VS a personal loan with a fixed interest rate?

I’m no hot tub expert so don’t have a specific recommendation but bought an Encore and it’s been amazing.Good luck!!

I'd work with a lender to get your credit up so you can qualify for a conventional loan. are there any specific type of lenders i should work with to get my credit up?

Definitely be careful, as most nationwide brokers will incorrectly rate you for traditional property management insurance, which almost always applies to LTRs and specifically excludes STRs in the fine print. 

@Mo Nueman what specifically do you need boots on the ground for?

Did you have the properties already identified along with specific returns etc. or did you propose a hypothetical deal structure and get his agreement first before finding specific properties that fit your investment criteria? 

Feel free to message me with any specific questions. 

Seller financing, lease options, or partnerships are alternative routes that might be suitable for your specific circumstances.Establish relationships with local real estate professionals such as agents, lenders, and contractors.