Than maybe with adjusting the vocabulary to REALIZED performance and UNREALIZED performance, we can start correcting understandings. 

>How well do log cabins in the area tend to perform in terms of bookings?

if he performs a service for you, just pay him for it. 

The price should reflect the current performance, not the seller’s expectations for the future.Seller financing is a big plus.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

While this job could be performed remotely, working with my peers in person for at least a year is important to me.

The client gets to receive the home as a performing asset with built-in property management in place so the entire process can be smooth and enjoyable.

That is subjective though - I just advise my exchange clients to understand that number and understand their exposure.

Any advise on how to go about this.Thanks

Also, I have heard about the benefits of having an LLC set up to manage rental properties but not sure if this is advisable at my stage (e.g., not a lot of properties to manage).