What does your lease state?

You will have to do whatever you can get the tenant and owner to agree on.f you make it a clear requirement in your application and lease signing process it should never be a problem.   

Personally my tech stack looks like this:Docusign - signing leases (technically rentredi can do this I think, I'm just too lazy to change)Rentredi - applications for properties, tenant payment platform, maintenance request trackingBaselane - Banking (you may not need this yet with only one property but SO great to have multiple accounts for multiple props)Notion - SOP docs, how to's, general instructions in databases and pagesTango - use to record step by step instructions of specific tasks and link in Notion pages where necessaryI also self manage, and most of my communication is with tenants, handyman, and occasionally banks, so I don't have a great rec for how to most effectively communicate with a PM, however if you have a project database set up in Notion it should be easy to create the steps you want and track how you like

Tenants, maintenance, late-night calls, leases, legal stuff.

Again, not sure if this is a SF or MF but 7% vacancy is possibly high (depending on any current lease in place or if it's currently vacant) and depending on the age/condition, you might be able to tweak maintenance and capex. 

., a pilot project of 5-10 units) to prove demand before scaling.Hybrid Models – Mix short-term rentals (Airbnb) with long-term leases to diversify income streams.Joint Ventures – Partner with local builders or landowners who can contribute equity or sweat equity.4.

If the lease has two names, but the email is sent and signed with just one of the two names, any protocols here?

I'm curious as to how you plan to lease it out? 

I have a leasing agent I like and I will use a property manager (yet to interview/hire).

@Caleb Brown & @Theresa Harris the management contract went MTM, not the lease.