It depends on your finance and your strategies as well as your exit plan.

Remote can be...Marketing, Lease Signing, Lockouts (install coded smart doors), background checks & screening, Virtual Tours, Payments (online or ACH debits)Live In Person (local team)...Showing units, Posting Notices, Evictions, Dealing with Complaints (some need live interaction), Maintenance Calls, Property Condition Tours, Meeting Utility Companies, Meeting Contractors, verifying Contractors work, Live personal touch with residents (can improve tenant relations depending on property), Cleaning, Turns, Police CallsThrough the years, I've learned that there are places to save money and places to invest. 

Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.

As far as the permit process works, it’s going to be dependent on whatever township or city controls building codes.

Ultimately, it depends on how much effort you want to put into it. 3) Thoughts on interest rates/real estate market in 2024?

In some areas, there are limitations on the types and ages of home you can bring in these existing subdivisions which vary by area. 

Whether you use QB online or desktop Pro depends on things such as how knowledgable you are of accounting, who will be doing the bookkeeping entries (local or remote), do you have just one or several entities, and how knowledgable your CPA is of real estate investing. 

Most of it depends on the way money is handled.

I'm not sure if that is common but it sounds like the developers would not take any profit until the investors hit that mark.I don't delve into ground up in construction, but completing 5 homes within 13-17 weeks sounds quite ambitious, depending on their size.

Plus there's a variety of ways you can advertise (forums, podcasts, newsletter, etc.) that have different price ranges and depending on what you'd like to advertise you might find one avenue more advantageous than others.