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?

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

Too undiversified for me though.Another alternative is to sell some of the physical properties and purchase an equal amount of a RE mutual fund to allow you to rebalance your real estate portfolio with non-real estate investments more easily and frequently in the future.

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? 

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. 

@Jeff Prow It would be hard to get rental income on this specific property before leaving as my wife is working overtime and we have pets, stuff etc.

Inventory continues to be the biggest factor in keeping prices high throughout San Diego county.If you are one of the many buyers on hold due to interest rates, a good alternative is asking the seller to credit you for a 3-2-1 or 2-1 rate buy down.

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

Feel free to message me with any specific questions.