you can challenge the value with an accountant, appraiser, etc most markets have a person who charges a flat fee to lower it. in Columbus Ohio most of the people that do this have a guarantee to lower it or it's like half the fee 

I found the wear and tear and guests that wanted to use this as a 6 person were not what I was targeting.  

Quote from @Candi Kham: SOFTWAREGood software will handle management, accounting, and application screening.Software is a common question on BiggerPockets.

If you cannot get your personal finances in order then I would not suggest building. 

I considered SFH where I'd rent out all the rooms and keep one to myself, but this seems risky since I'll realistically be away for months at a time and couldn't manage the unit/other tenants.Then I came across some listings that appear to be hotel rooms for sale, with basically the facilities I need (a bed, toilet, kitchen), a price point I can handle (270-500k$, I'd do 20% down), and fairly high HOAs (~1500$/m?).

Jobs to consider include being a loan officer, a property checker/appraiser, an assistant to a property manager, a real estate agent, and a person who checks investments/underwriter.

Most banks and traditional mortgages "Do not" allow foe the property to be vested or quit claimed into an LLC unless it specifically states it on the closing disclosures.In most cases even on DSCR loans the Bank/Lender still requires you to sing a personal guarantee even if they allow the loan to be vested into the LLC.  

Same as an LLC with a personally guarantee  magically takes away the liability from the personal balance sheet as well. 

@Randy Person had a good suggestion, tap into the local Real Estate Investor group athttps://www.facebook.com/groups/DaytonRealEstateInvesting, you'll find a lot of locals there happy to discuss with you.

(I'm personally happy this failed because I have two clients under contract on homes they plan to short-term rent -- one in the mountains outside of Colorado Springs and the other right near Breckenridge.)