Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

Quote from @Byron Umana: If you're just getting started with short-term rentals, there's a lot to learn—pricing strategies, guest communication, automation, and more.

Very subjective question based on your investment knowledge, home market, investment strategy and requirements. 

Also because they focus on one strategy. 

Quote from @Benjamin Blunt: What are the best strategies or tools that you use to find Off-Market Properties?

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. Purchased my 1st rental property last year in Cleveland, a 2unit MFH with 10beds between the 2 units....

Not one single strategy will work for every property. 

Name ONE other strategy that can get you this.

You'll learn a lot here.I recommend focusing on 1 strategy/business model and going all in on that one until you've mastered it and it's stable.

I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.