Bottom line...be mentally prepared to play project manager, which can sometimes be a stressful experience. 

I bought 1% ownership, the experts handle all the work, and I anticipate a return equal to - or better than - actual properties that I manage.

If you are considering OOS investments, then are you willing to put in effort to manage the business with more scrutiny.

Becoming an investor involves developing your buying strategy/skills AND learning how to manage your investment (property management). 

I want to try to manage it myself if I can.

There's the cost of the actual fix, PLUS the cost of managing and dealing with the project. 

I would take any recommendations you have for property management as well.

. $3600 for a septic permit & design about 50k for sitework (very long driveway), though foresters have noted the potential for NRCS funding for road improvement and invasive species management (i.e. clearing the 8-acre area which has blackberry bushes galore) which we are in the very early stages of looking into. 

If you did manage to make the $70,000 you initially estimated, it would be $15,400.All the best!

Do property managers charge different fees for section 8 properties?