If you hire someone to manage the business, then its manager managed.

When you are investing out of state it REQUIRES (because you can't just go see the property or people involved) systems and proccess which allow you to scale, but if you are investing close to home you can get started easier but it doesn't require you to put the same systems in place from the get go.

- He had to have owned the business for at least two years. 

Factors contributing to this growth include the Super Bowl, expanding convention business, and the ongoing recovery of international travel.🌞 In April, Las Vegas boasts mostly mild and sunny weather, making it an ideal time to visit for those seeking to avoid the scorching temperatures of summer.

I'm surprised by that value and would have thought the actual value is closer to the assessed value of around 1.5x the value of my lot -- the neighboring lot is identical but has a building and businesses on it, and is appraised at just $100k more than what their appraisal shows for the unimproved lot. 

@Russell Brazil I own the properties under an LLC, but there is a commercial EO fee for commercial, income properties, or business opportunities for $350. 

Deciding between an Airbnb and a multifamily property really depends on your goals and what kind of involvement you're looking for.

Hi Parker...I can definitely help you identify the best turnkey operators in the business.

Hey Evan, you sound like you already have a pretty good start to getting into the REI business.

You are selling it to a business entity.