There is a lot of public info out there on their funds and how they are (not) performing.  

Additionally, their marketing was very compelling.

A smart seller/listing agent will likely require a large EMD to tie you to performing on your offer, so be prepared for that. 

It's very important to perform your due diligence on the operators, the markets their operate it, ask for their past transactions, history of their track record.

In addition, the debt of each state is crippling.

but with that said, it seems like you're assuming OP will be able to have a high performing / top performing STR (which i think we would all agree would beat unleveraged market returns.) 

If your current photos are performing well, you don’t need to change them often—just refresh when there’s something new to show!

So you can find better performing investment properties.

These are professionals with additional training and a stricter code of ethics.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!