Indeed. Seems like the place to be is AirBnB property manager. Have 6-12 properties to manage and you have a full-time income and perhaps part-time work. Of co

Indeed. Seems like the place to be is AirBnB property manager. Have 6-12 properties to manage and you have a full-time income and perhaps part-time work. Of course, I would start out low ($200/month) then raise and raise the fee when you become indispensible. The absentee owner is essentially just an investor with the capital outlay. And being far away and totally reliant on the cleaner/manager, you can probably squeeze him until he's making only 10% annual return (better than stock market, just to leave some incentive). The owner makes it easy to arbitrage him when he puts his financials in the open. In your EDIT, I think you are essentially talking about a real-estate investment portfolio manager. You'd take money from investors, fly around and buy up property, then manage the cleaner/managers, take 50% of the profits and give the other 50% to the investors.