I have a silent partnership agreement with a friend in where we established the I will be the managing partner and he will be the silent partner.

(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.

I'm significantly ramping up my lending activities for 2020 and looking for a good software package to manage and automate as much as possible.

These can be great deals because allows the seller to 1031 into 1 bigger property but can also be risky on condition and management turn.

I've already hired a full-service management team who will provide turn-key management. 

I would suggest finding Vacasa and Evolve managed properties in your market with bad reviews.

Currently, my husband and I manage four Airbnb listings.

Talk to local investors (someone unbiased, not an agent or wholesaler) and experienced property management companies who will let you know rental rates for different areas, tenant base, etc.  

Fellow Hampton Roads landlord & property manager here. 

At the same time, educate yourself on how to manage the property well (most investors miss this critical step).