While I don't believe that you need a full blown business plan, strict operational budget, timeline, scrum board, etc...

PG's are worthless those that have PGs that are worth anything dont need gap funding they have the cash.this is a play for folks you know well .. not for internet facebook BP etc.. people that do this do it because they know you like you trust you and think your a good operator.Public has to many other choices that are much safer bet.. its not always about ROI with those with money..

Your best bet since your working on your capital are going to be to use low money down hard-money lender.

That becomes a "he said, she said" in court and I'd bet most judges would side with the plaintiff. ;-)

I bet $1 this a bot. 

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

Everyone else is through tech, private equity, stocks, building operating companies, etc.At the end of the day, investing is investing.

So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)

Honestly, upgrading to a commercial-grade stackable setup like Speed Queen or Maytag might be your best bet.

It should clearly state the operating income, operating expenses, and net operating income.