If I were starting over as an out-of-state investor, I’d focus on building a strong network from day one—especially a great agent, property manager, and contractor.

👋I’m starting my remote co-hosting and focusing on managing short-term rentals in Florida.

Its really just management of the loans.  

So, the sooner you evict the better.If you are worried about embarrassing holiday events, hire a Property Management Company and let them be the bad guys.

You'll want a PMC that will check on the property monthly or even weekly, to keep the college students obeying the rules.This management may cost a bit more, but is well worth it!

Quote from @Geoffrey Paugam: I suspect there are many managers there, but maybe not any good ones?

it is mostly from what I've been seeing in activity in my STR, and in talking with some friends who manage restaurants.

@James E Fraley JrProperty managers absolutely hire assistants to manage overflow.

I'm currently looking to connect with:Experienced real estate agents who specialize in investment properties, particularly those suitable for short-term rentals in Fayetteville.Investors who have successfully navigated the short-term rental market and can share insights on property selection, management, and maximizing returns.Finance experts or lenders who can guide me through funding options for investment properties, including conventional mortgages, FHA loans, or creative financing strategies like DSCR loans, hard money lending, private money lending, seller financing, and cash out refinancing .My background is in long term investing.

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.