Far more than most real estate acitivies and much quicker think about it.. you sell the same info over and over and get paid instantly you have no roofs to fix no tenants to manage etc etc.. you do have reputation management of course.

The company I currently use for my other investment homes said they don't offer management for any co living... unless everyone in the home is on one lease.

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

I personally do not have experience managing rentals.

Just like you would as a realtor, use your marketing techniques (cold calling, mailers, networking etc.) to find good off market deals for yourself.

Most property managers don't charge any markup.

You can start by going to www.narpm.org to search their directory of managers.

I am under contract for a property out in Columbus and they are one of the few property management companies I am considering going with! 

A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.

Even with a property manager taking a percentage, you’d still see a return, and it might save you a lot of stress managing the property from out of state.