I will need to use a manager on this one as it is about 45 minutes away and I have a full time job. 

If we are to manage a short term rental ourselves, we'll be driving down there nearly every week to prep it for the next set of guests if the calendar is completely full. 

If you and your partner are planning to self-manage and keep your full time jobs (for now), I'd stress the importance of proximity and convenience to your investment property. 

In fact, the last property we acquired onlybrequired a basic environmental assessment, but we chose to do a full Phase I so that we were more comfortable with the property from a buyers standpoint, but also from a future seller’s standpoint.

How did/do you balance young children, working full time, and still moving forward on the goal of good management and more properties?

Any tenant that is not paying full market rent is a bad tenant that is having a direct negative impact on your business. 

I want to make a move back with the sole objective of dedicating full time to expanding my real estate portfolio.Thanks in advance to all who share!

I work full time (mid six-figures) and my husband works but makes significantly less and will be at home with the baby for a while.  

After spending 15k and 1 month full time getting their projects ready to sell, I was fired (?!)

.* Most of all the executory contract statutes apply when there is a consumer tenant/buyer but not for commercial.The owner is probably better off doing a full wrap sale than LO.