These are not great investments and while the experience is not typical for Memphis, nothing I've read or seen should lead you to believe your experience will improve.  

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

We had a client that bought in Port huron and then ended up selling their property because they went through 3 PMCs and gave up trying to find a great one:(Some copy and paste advice below:--------------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Thank you for reading and I look forward to connecting with everyone.

Quote from @Harrison Jones: Quote from @JD Martin: OK, so after reading your post, my main and only thought was:Why?

Just reading many of your statements if you don't change course this will be a rocky journey for you.

You post market stats.No one reads these or cares about these.

Read every book you can on different niches of investing, at least one per month.

I actually read Cameron Herold's "Vivid Vision" and wrote our business vision out on a mountain in Arizona...you can still see that vision on our website today!

Also Solo 401k could be a better option for you if you're self employed with no FT W2 employees.