There is no other local affordable housing in the area.

Aaron, thank you for giving us some local visibility on the area. 

After joining a Facebook group for local STR owners, and talking to all the major PMs in the area, I concluded that in the time vs money war, I was going with this particular PM. 

For example, you might leave $10,000–$25,000 in the deal, end up with a $3,000 monthly payment, and only collect $3,000 (or slightly less) in rent.This applies to my local market and primarily to Class B or higher real estate.You’re better off finding a solid property that needs only light cosmetic work (e.g., paint, flooring, or perhaps a kitchen or bathroom remodel), buying it at a decent discount, and putting down at least 25%.

I do all of this remotely, so I use the above process to filter out 90% of the properties and then send the other 10% to my local team for verification.

For example, there are many local credit unions that offer loans with as little as 5% down on multiple investment properties with no PMI.

@Denise CarringerMy preference is to go local - some community banks offer this type of service or local escrow companies, which is what I found, because they offer a higher level of service than most national.

They offer networking opportunities, education, and local insights for landlords.4.

Their contribution depends on factors like local demand for ADUs, their design and size, and how they’re used (e.g., rental income potential).

I would get in touch with a local builder, and see about getting a mentorship on down days and days you have off..