Many of the better STR areas are anti STR.  

I was wondering if anyone would be able to give me tips on acquiring capital from the banking industry in Baltimore to take on the task of rehabbing and developing these underprivileged areas.

Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.

Finding a 3-flat in Chicago that doesn't break the bank but still cashflows is not an easy task.

If the contract expires, who is in charge of the tasks?

I know that most investors lump developers and builders into one category, but in my mind they are separate.Developers - buy raw ground and do horizontal construction (utilities, roads, sidewalks, etc)Builders - buy build ready lots and do veritical construction (homes, commercial buildings, apartments)Many times both tasks are performed by the same person/company, leading to the confusion.How developers make money:1. 

Real estate is my true passion, and I am open to investing my personal spare time to gain more experience and knowledge in any real estate-related task.I am a good people person with experience managing employees, delegating tasks, and resolving conflicts.

.- Screencastify - You can record yourself doing actions and delegate those tasks to VAs.

Xero does have full accounting ability so you might need an accountant or bookkeeper to help you get it set up, but if you are interested in doing most of the work yourself, I'm sure you could learn to do many of the tasks.

While it's essential to the task, the PM job is not just about collecting the rent.