STR is not intrinsically real estate; it is a business that uses real estate.

Do you have his business name by any chance?  

A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.

Personally I work in the lending business and would love to inform you on my experience based up on what my clients typically go for.

Section 8 is guaranteed income on the first, allowing me to scale my business.

You also can take the loss if you have other passive income or if you (or your spouse, if married) work in a real property trade or business and you materially participate in the rental.

I have been scaling up the STR/MTR business.

I just wanted to validate its okay to run your business and your life in accord with your goals and the value you put on your time, and it's just fine to outsource. 

We own a couple although it's a only a small part of our business.

I own a couple of properties (4 doors and free and clear) but my partner wants me to put the properties into the partnership, which would be my equity into the business.