Licensed Real Estate Broker owns a Realty One Group Franchise and also owns a Property Management firm servicing Queens, Brooklyn, Bronx and Long Island

We manage several hundred multifamily units in and around Columbus, and have tried every different way to bill water - included in rent, split among tenants, and sub-metered.

They even iterate that they are clerks not managers and get NO TRAINING.   

We aren't hacks, but this is a very specific situation.If the IRS manages to actually hire those 87k new agents, then audits will be coming for all of us so get a good CPA.

I would also rely on a property manager in the Tulsa area as well.  

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.

Currently, I don't manage a STR but we do manage our LTR ourselves (I know there are plenty of differences) and as we are currently looking for a STR to invest in, we would do it ourselves.

We have the structural relationships in place, ie; contractors, project manager, auction dealers, realtors.

I have a property that I manage myself remotely and I live 6 hours away but currently am in Costa Rica for 6 weeks and still can manage it.

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.