I am the Owner/Operator.

To answer your core question: bringing the land to the table is definitely enough value to justify being a partner, but the exact split depends on who’s contributing what. 

I am a property manager and can operate the propert myself.

You can either enter into a JV agreement or you can form an LLC with an operating agreement in place. 

Quote from @Sara Tranum: Yes, we have set up our agreement specifically starting that it is being operated as a STR by me!

Try researching organizations like Oxford House, which operates sober living homes nationwide, or check directories like TransitionalHousing.org for recovery housing programs in your area.

The rest is systems, operations, and execution.

Quote from @Emmanuel Soba: Hello BP community,I’m actively focused on acquiring and operating 50+ unit multifamily properties in select growth markets, including Atlanta, Florida, and Northern Virginia.

Study These Core MetricsBecome fluent in:*Median home pricesby neighborhood*Rent-to-price ratios*Days on market (DOM)*Vacancy rates*Local job and population growth*Property taxes and insurance costsUse tools like:* Redfin/Zillow for sales trends* Rentometer for rent comps* Local property appraiser and tax collector websites* Census data and city economic development pages3.

We're also an NMLS-licensed mortgage company, so we subscribe to a loan operating system called Arive (yes, only 1 r).