Thank you all for the replies!
To answer a couple of questions.
This is an investment for my Mother using her funds. I'm not sure what the best structure is for holding the property. We want my Mother listed as an owner and I am not sure if listing me as an owner will be a benefit when she passes or not. (Avoid probate?)
The thought is for my Mother to make some rental income through VRBO or the like while allowing us to use the unit one weekend a month or so and pay her the VRBO fee for that weekend rather than stay in someone else's property and pay the weekend rental fee to them.
I know the fees are going to be higher using a full service management company but I want to do so for at least the first year or so to get exposure on the property for repeat renters. And I thought it might be good to have a management company taking care of it until we can figure out exactly what managing a rental property entails. With this being the first time doing this I want to worry about as little as possible.
The area we are looking in is Bryson City, NC. It is a good rental market for mountain homes from May through mid November. With sporadic rent during the other months.
