I actually believe it is useful to have your license as an investor as you can collect commissions from your own deals and search for deals as well as serve others in the same capacity.I recommend making a connection with a good property manager in your area if you intend to work with investors and to make your own investments as passive as possible using them.

Any recommendation for a good preferably open source rental management software that primarily handles back end accounting? 

I also help my son with his property management company.I am happy to chat with you at any time.

Do they have in house construction management?

In any event, I'm soooo glad you've managed to move on from such a vicious attack :eyeroll: Wow you have issues, go away.

My role would be to manage all property improvements and operations.I am seeking expert advice on the viability of this financing model, specific borrower requirements, and potential lenders who might be interested in such partnerships.Your insights and recommendations would be greatly appreciated.

Doing property management and investing in every corner of the city and suburbs you learn a lot about each area.  

I did manage to get things ship shape enough to get it ready for a bank.

I don't have any padsplit though for reasons I'll tell.You will be mostly wrong assuming padsplit is lower effort, hours / week managing vs airbnb.   

Sure, about one in 2000 times, by someone experienced enough to recognize a very unusual situation, having the capacity to act on it, having the financial strength, experience and tract record to be able to attract the needed capital, having the knowledge and ability to structure the deal, having the ability to manage and or reposition the property after purchase, and having the capacity to carry the negative cash flow until turning the property around or obtaining lower cost financing.