It seems this investment was incredibly successful for you, but the resale is most important.

Successful BRRRRs are challenging enough to do local to you.  

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?

No I would not go with a company charging that.

I have found it takes one success to get him to see it.

Four properties were existing STR's that had a permit 'transfer' and the other half were eligible properties that successfully launched with astounding success.

Quote from @Garrett Brown: Thank you, it is from a company called OOD for the mirror house and then everything else we build around it.

I have been a realtor for +8 years helping out-of-state investors buy and sell here successfully too.

Generally speaking, have any of you invested in this area and been successful?

@Daniel Cacho I’m 35 years old, have been in the game for over a decade, own 26 doors, run a property management company with 350+ units, and operate a realty brokerage with a small team of agents.