While real estate can provide higher returns, it is subject to market fluctuations and requires active management.

Sherman might fit that bill as well.One thing I've been thinking about is the quality of city government and services. 

Contract Services: Including expenses for trash removal, landscaping, snow removal, etc., what are the average costs per unit, and what conservative estimates should we use?

Could be anywhere up to 40%.Step 3 - determine whether there's a pattern of flipping activity or a one-off deal.

@Angelo CortezMost STRs report income and expenses on an IRS Schedule E (not Schedule C) unless your STR is offering "substantial services"-> for example, concierge services or a butler to guests. 

If you're using a generic email service, they don't really think you are tech savvy. 

He’s active-duty and I’ve been managing our residential portfolio remotely for years.

Another way to back into the a price a developer would be willing to pay is to figure out the best use of the land, hard and soft cost to build cost, holding cost, and profit margin.I'd suggest a realtor who specializes in that type of product with active clients.

That said, most will (at a fee) provide mobile notary services.  

I make sure led lightbulbs are in all fixtures and smoke detectors have active batteries.