I know this is a differing topic on the forums, and online in general, but having the legal background/education and knowing estate planning concepts you'll realize it shouldn't be.  

Supplement this far simpler entity approach by ensuring you have appropriate types and levels of insurance, you operate your business in a manner in which your conduct is not considered an exclusion in your policy, you work with licensed and insured vendors, you execute contracts with indemnification clauses with these same vendors/ require additional insured status &  maintain appropriate licensing and permits.

Cash flow seems like the obvious one but I'm struggling with the concept of building equity at expense of cash flow. 

Usually its because there is a lot of debt risk. when interest rates went up a year or so ago I lost over 300k in sydication projects I was a part of because I didn't understand this concept.

We recently did a BRRRR and got our HELOC out of the refi, but it was a lot of work and we are looking for a simpler investment.

Also, when it comes to enforcing the lease, use a simpler approach.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

This ensures you have a proof of concept to show the commercial appraiser.  

There are many problems with the concept which you have not bothered to address. 

Let me know if you’d like help running specific numbers or refining your negotiation strategy.AI answers can be helpful sometimes, but they miss some really important concepts.