In addition to being a long-term real estate investor I have been a commercial/res appraiser, historic property renovator/contractor, property mgr and more so I don’t mind properties with issues as long as they are fixable and priced accordingly, and my investments are all about the numbers (NOI/Equity).

Another thought/ long term plan I had was to make it a mini unique airbnb multifamily as in, have a silo home, then maybe put an airstream on it and lastly maybe an A-frame cabin.  

You can explain that any changes to the lease must be carefully considered, as you want to maintain the original terms that protect your interests.If you decide to allow the change, you could draft an addendum stating that each tenant is responsible for their own rent.

As a long-term, it looks like I could rent for $1,400/month.

So you should definitely check them out, maybe get in a conversation to understand their monthly returns for long-term projects.

Hi everyone,I’m reaching out to see if anyone has experience dealing with local regulations that seem to overstep property ownership rights. Lately, I’ve been encountering some challenges with municipalities imposing ...

What would be a good example of terms to use in this situation for the appraisal gap owner financing?

They aren't licensed or insured.At least a PM is typically licensed and insured.From what I've heard Joshua Tree is very saturated so it sounds like your doing good to break even.Since you seem to be doing everything right and going beyond what many are doing, adding someone else to manage the property will just lower your Net profits from having to pay them.

House hacking your primary home and repeating the process every year or two is the easiest and safest way to build long term wealth through time. 

Than this thing about the exclusive buyer agreement to me is great, and I don’t just say that from an agents prospective, people should be able to see in plain terms what services that can expect for what price and decide if that service is worth that to them, just like every other business, problem before is because seller was paying for buyers services it was opaque, now it will be written out in plain terms for everyone to see, the main result of this lawsuit was to put agents more in line with every other service business in America and increase the number of options for consumers, some agents might be paid more some will definitely get less, I think overall average commission’s come down, but again that’s how every other business operates people compete on price compete on service compete on relationships (I can get a better price with some subs because I’m a repeat customer who pays on time and is easy to deal with for instance) and than consumers can decide who that want to go with and once they decide to have that person working for them of course that person deserves to get paid for the time they put in.