(One virtual and one local).   

A good host knows the local festival dates and has a handyman and multiple cleaners on call and ready to goa very clean house and quick turnaround are vital Im listed as a co-host but I pay a local host to do the legwork 

Think: a coffee station stocked with local beans or a reading nook with plenty of natural light.

I would consider the tenant's past, as well as the condition of the unit, my local market, and other factors.

Beyond that, real estate is largely local; in my market we are not seeing anywhere near those numbers.

They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.

My PM quotes me and does the work on my buys to get them rent-ready and then manages them and I'm local but they do the same for many out of state investors as do many Property managers in Milwaukee such as Citywide Rentals, Welcome Home Milwaukee or MKE Leasing. 

If so, self-managing properties might not be the best use of your time - In any case, I'd encourage you to talk to multiple local property management companies, keep the above in mind, and understand how they approach management.In my experience, property management isn’t just about finding the right tenant or collecting rent—especially in a tenant-friendly state like Rhode Island.

First you have to face the local municipalities & will be extremely difficult to get the zoning approved. 

Look into connecting with some local investors, they typically have meet-ups often and swap stories and different strategies.