It’s affordable and easy to set up, but not essential.

Boots on the ground is hyperlocal, and what you're looking for is essentially cheap labor that can open a door when you need it.

However, I have offered two thingsA)  Higher deposit -  this way the owner's fears are alleviated somewhatB)  Property management - offer the owner that you will essentially property manage the property for them.     

•CoStar (costar.com) – Essential for commercial real estate insights and in-depth data analysis.

Tenants are more likely to trust landlords who demonstrate a commitment to fairness and legal standards, leading to better occupancy rates and long-term success.Adapting to regulatory changes is an essential part of being a successful real estate investor.

but careful planning and documentation are essential""...making sure that your wife understands what she needs to do to document her hours and activities."

A formal business built on this seems overkill as you’re essentially paying someone for a service that already has standard model.If you and the parnter have distinct business tasks/abilities (i.e. not what you would hire an agent or contractor for), such as off-market lead generation, that’s a different discussion.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

STRs are essentially small hotels, thus they are usually taxed similarly to what hotels and motels are.

It's essential for me to acquire these skills as I navigate potential roles in the real estate industry.If you have any insights, recommendations, or perhaps know of specific training programs or resources for learning Yardi, I would greatly appreciate your guidance.