STR Rookie looking for partner/advice/operator

[Jeffrey Heybruck]

I will soon have a nice 3/2 house available in South Charlotte NC that I am strongly considering doing STR on. I think it will (conservatively) rent for $100-125 per night, possibly more during big corporate events (Republican Nat. Convention) or sporting events (Quail Hollow PGA Event is walking distance). I have a full-time non-real estate job and already have a couple other rentals so I'm trying to be careful with my time.

I was thinking it might make sense to rent to someone who has experience and is already managing STR properties in the Charlotte area. If I could rent the house to them at an above normal monthly rental rate but still leave them a decent margin, that could be a win-win. They get an income stream with little risk, I get an income stream with 0 management responsibility (except for large repairs).

Do folks do deals like this? Is this even a thing? Happy to meet at a coffee shop if anyone is local.

Any help is appreciated. Thank you in advance.

-Jeff-

[Michael R.]

Hey Jeff, PM me.  My brother and sister in law are Superhosts in the market and very knowledgeable.  They get great results and are consistently booked in multiple places.  Hooking up with a Superhost would be your best bet.  If the numbers were to make sense they might be interested. 

[Ken Latchers]

Advice: Don't rely on advice of anyone who will meet you at a coffee shop to teach you what you need to know. 

[John Underwood]

You could search on Vrbo and Airbnb for other properties in this area that have a good many positive reviews and ask the owner/PM if they would be interested in hosting your property. Look to make sure they are a Premier partner or Superhost.

It is really not that hard to manage yourself with the tools provided by Vrbo/Airbnb and a great cleaning person to handle turnovers.

[Jeffrey Heybruck]

thanks for the advice so far everyone. 

Michael- will PM shortly.

Ken- sounds like you had a bad experience. Sorry to hear. I've been introduced to and met folks at coffee shops that have become some great contacts. I figure it's an hour and $5, what's the risk. Of course I wouldn't trust someone immediately but if their information checks out- could be a good contact. But I understand your concern.

[Steven Dehlin]

Jeff,

I would be interested in discussing this with you. I have two properties already and am looking to add more. If you have not found a renter yet please let me know.

[Jeffrey Heybruck]

Steven- I sent you a PM but haven't heard back. Are you interested in having a conversation?