Quote from @Zack Marshall: Quote from @Tyler Tyson: I had a very poor experience with them last year.

@Walter PinedaEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Also, make sure to start connecting with other investors in your market to build relationships and learn from their experiences

But I would remain open to long-term rental as an option as this seems like a more stable option in terms of income, again this may be my inexperience talking.However, I have always  been somewhat risk averse and investing in real estate is always a big venture, in my opinion/experience, in terms of capital.

Which market do you have experience in and how is your experience working remotely with your real estate team in the area?  

They both have extensive experience in Duluth.Thanks for the mention @Tim Swierczek.

You can't really predict for a creative business mind and how they might craft a guest experience that stands out in their market. 

He has extensive experience with hotels and renovations.

I post my rental listings on FurnishedFinder and Facebook (there's a couple DU living fb groups) and have had a good experience with hardly any vacancies. 

None I could say with confidence without knowing more details on the borrowers experience, property type, city, and project numbers (PP, Rehab, ARV).