I'm more curious if managing for other owners for 20-25% of revenue is worth the time, effort, liability, and stress. 

I am also considering just installing mini split heat pump units in the house to decrease the renters heating costs.

As much as I have to hedge my bets and make my capital s t r e t c h for all it's worth to live on the cash flow, the times I've made giant gains were always in the appreciation markets...So if you feel you actually have a cash flowing property, and your income is strong enough to carry it without stress if you weren't conservative enough in doing your numbers, get anything you can in BZN I say and watch it go through the roof over time. 

Good luck, don't stress much. 

Not impossible to image you could do that if you're able to increase rents, decrease expenses, and compress your cap rate through the reposition.

Meaning increases in rent or decreases in other expenses.

., If they beat the deadlines they can earn more interest in the deal and if they don't meet deadlines their ownership percentages decrease).You do not want them to suddenly get a big job, and then your investment (and money) becomes their side project.They MUST have some skin in the game.

When I was in CT once in a while we would have a massage therapist came into the office and for a day and I used to get one here and there whenever I was so stressed out. 

@Dan Heuschele That's interesting that you do rent surveys regularly to decipher what qualities in a property are correlated to increased/decreased rent.

I learned to not stress about something like that and accept that if we needed to delay closing we could.