And it appears that the amount of work is not high enough to hire a full time person.Does anyone have some good best-practice or ideas to show how you manage the work load and staffing for similar scenarios?

Hey, that's a great question and definitely a smart one to ask when you're diving into the details of STR (short-term rental) investments.Let me break this down from both a tax and practical standpoint based on what I’ve seen with clients in similar situations.

Appreciate your time and expertise.

I’ve seen different things out there regarding best practices. 

The checking account will draw against and pull from your line of credit to deliver your funds assuming your line has availability still (debit to line and a credit to your checking account).I’ve experienced , utilized, and have monitored how these tools work for over 10 years+ in practice and operation. 

Regarding delayed advertising, early marketing is a common practice to minimize vacancies, so you may want to negotiate this with your management team.

Aside from the obvious dangers, I’m seeking best practices and how experienced investors  in this area handle hurricane damage?

You can definitely create an LLC independently but its the OA language that's the tougher part and something that should be reviews with legal expertise. 

IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.

Would love to learn more about some best budgeting practices to account of these two costs ?