Second, it is a little intimidating with me being the final decision maker!

@Ernie Sturzinger I guess to answer your question...not taking cash from the deal is perfectly fine and even a wise decision...this means the building needs to generate cash flow...you just need to leave it in reserves or make planned improvements...long-term equity is much more important than monthly cash flow.

@Jason MalabuteI have never used a cap rate to make a decision.

Also looking for business/transactional lawyers to discuss STR Business entity selection and to discuss the legal decisions and implications surrounding my non married partner and I buying this land together.Last but not least, looking to connect with other investors/groups/masterminds especially in the STR and multi family space to exchange ideas!

They don’t make decisions.

Thank you sir, I will be going to my local bank within the next week or so to see what options they offer before making a decision. 

Your decision should be based on your goal.

Sometimes it's not always the best financial decision that wins, but the one that makes your life easier, happier, and more fulfilling.

Have someone onsite while these meters are being installed for when challenges come up you can make decisions on the spot.

That being said, I think this decision is being steered by not having a great amount of time to tend to building repairs and tenants.