This classic “leveraged buyout” is the basis for what we call “private equity” (KKR) today, but of course requires significant capital, business and financial expertise and experience, and a business target large enough to attract top tier management with incentives to out perform the previous management.   

Your Home Away Management and Five Star Vacation Home.

I’m working with my father on managing his RE portfolio.We have one multi family property that is fully paid off and generates roughly $200k in NOI/Cash Flow.

I have a property management company for MTR and STR.

Create the necessary contracts between the LLC and you, the property manager, or work with an outside property management firm.

Christopher,Check out the following property management software packages. 

So you're self-managing to save money, but you don't have systems in place to actually manage the property?

House hacking will also give you some personal "property management" experience.

Mis managed by previous ownersLots of rehab work required Saw that I could live in one unit essentially rent free How did you find this deal and how did you negotiate it?

Run payments via an online platform (We use Rent Manager)3.