I had to relocate to Ohio to manage it.

@Alison EvansI could not imagine managing 48 doors!

Start by going to www.narpm.org to search their directory of managers.

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

However, this allowed me to gain initial experience and confidence without being overwhelmed by managing multiple platforms simultaneously.

We currently own/manage properties across a few states including Hawaii so we aren't new to managing short term/mid term rentals.

For real estate investors, that means lower operational costs for managing properties and cheaper construction expenses.

I property manage STR in the cape cod so this is actually good info

It depends on the property.... is it value add where there's also a construction component or merely a management improvement opportunity?

You can contact some local property managers and get a better idea of the rental market.