Working on 1- 1.5% net fee per transaction isn’t (in most markets) going to provide an income enabling the recipient to save, invest and move toward “financial freedom”.  

The company website explains their entrance into the lending business by stating: “In addition to our focus on real estate investment, we also operate a mortgage company and a hard money lending company, giving us a comprehensive understanding of the real estate market,” - ( Link )ApproachThere are rare instances in financial investment fraud cases where the evidence supports the presence of “hard fraud”, enabling a “fast-track” approach to presenting law enforcement with the necessary evidence.

This may look like the apocalypse, but if you're an investor with a long-term view, this is precisely the type of Buyers’ Market that creates opportunities:Discounted entry points into condos that once commanded premium prices.Greater upside potential over time as markets recover and fundamentals reassert themselves. . and they will.Less competition from traditional buyers who have been priced out or sidelined.Price corrections reset valuations, enabling acquisitions that position portfolios for future gains when demand normalizes. . .and it will.Today’s condo price declines are are a strategic opening for disciplined buyers to secure assets at historically attractive prices.

My residents stay an average of 5 years or more. 3) Max Rent: a complete household system enables one to charge a bit higher than rent by the room rates b/c it offers a bit more and is more valuable to renters.  4) Maintain a Wonderful Property: a complete household system gives house-members helpful systems on what to do when maintenance is needed, who in the house will manage when the technician visits, the residents loves when the PM does a monthly walk through their common areas, there's always someone handy living there who knows to check under the sink for leaks, and the housemembers know who is going to change the HVAC filter and when and keeps cleaning even.I hope I explained that all. 

This is the "extract equity early, convert to revenue stream" play.You're right that cash availability is tighter now than 2021-2022.

Do I enable tenants to manage themselves: give the people downstairs license to take a broom to the ceiling (as they have expressed a desire) and tell the people upstairs it's not personal?

Quote from @Steven Coulis: This thread is a bit old but the DIY/automated online options have evolved since, with some new players (including SegWize) entering the market...as well as some tech-enabled but still fully-engineered options like Segtax.I think the expansion of DIY options and the benefits of cost seg is great for investors of smaller properties, but I would highly suggest speaking with a tax advisor/CPA first to put together a plan and ensure you can actually use the additional depreciation first!

I'm still new to Hostaway so don't know all of it's features as of yet, but know you could accomplish this quite easily as I have already enabled on my own listings.

My clients and I require rental income that functions like a reliable paycheck for 25 to 35 years, and Fargo does not provide that level of long-term income durability.If anyone would like a list of city characteristics that are likely to enable lifelong financial independence, let me know.

When ownership splits are evened out, it’s usually because the non-capital-contributing partner is bringing something material to the table — a significant co-investment, a below-market service, or a property with imputed equity (like entitled land) that enables higher leverage and lower cash contributions.