It's the best way for us to grow as companies by sharing what works and what doesn't. 

Look for growth in a new company or 2.

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

They will have better recommendations for any title companies or lawyers there.

To the insurance company they will view an STR differently than a LTR.  

I see a conflict of interest in your role as fund manager and principal in the “operating” company.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

If you do decide to keep the rentals, let me know if you need any property management company recs!

First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.

Make sure to do your due diligence when selecting a property management company to hire.