It does NOT replace due diligence, but the investor knows EXACTLY what they're getting...property condition, contractual obligations, property class, current performance, etc.2. 

My wife and I recently purchased our first property, a duplex we are house-hacking.  I want to compile a file of information, either digital or physical, that could potentially be used as a piece of documentation show...

The highest predictors of goal achievement are the 80/20 activities that are identified and codified into individual actions and tracked fanatically.Discipline 3: Keep a Compelling ScoreboardPeople and teams play differently when they are keeping score, and the right kind of scoreboards motivate the players to win.Discipline 4: Create a Cadence of AccountabilityEach team engages in a simple weekly process that highlights successes, analyzes failures, and course-corrects as necessary, creating the ultimate performance-management system.One of the keys to a successful remote work structure is excellent communication.

Account Closed If I had $500k, I'd put it all in a non performing note fund because I understand the business and believe that there will be opportunities there.The business performed well before the pandemic and looks positioned to do even better if the economy gets worse.If I were someone else, I'd put some of the $500k to work in a non performing note fund.

It sounds like the "Realtor"  has a management company that performs a few different services including simply searching for tenants, drafting a lease, and then handing it back over to the owner to manage. 

I now have the opportunity to live in South Lake Tahoe in my grandparents home for free (incredibly fortunate to have the place to myself as it is a second home) and am wondering if I should seek out a brokerage here to perform as an agent as I build my wealth to eventually invest.

You start small, eat at your level of sophistication, perform, give investors great returns, and rinse/repeat as you work your way up the ladder. 

Sure, you can always sue for specific performance but, again, there's not that much at stake.

There's a lot of good options that can definitely help streamline some of these tasks that come with being a landlord.

Additionally, the $9,000 is more than I paid the general contractor for what labor they performed, so I'm not sure where that leaves me.