Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

If there is a leak, the first thing that should be done is to cut a hole in the drywall or plywood to get the wet materials out. 

Is there more reading material regarding this aspect ?

New roof, new siding, concrete patio, retaining wall, deck, windows....made it look nice.

I'm not thrilled with work I've seen but I think that is b/c the homeowners chose cheap materials.3.

Materials have to be stored somewhere , usually the last room to be done . 

Regarding downsides, or perhaps good barriers to entry, saturation is pretty strong, good help is quite hard to come by, inventory has been hovering around 25 or so homes for a while (most of which are not STR material), and much of the recent cabin listings have been grossly overpriced.

.$30/board should cover all labor and all materials...

When I do, I use a written agreement that explains specifically what they will do, who pays for what, the materials to be used, a completion date, etc.

Skype if you’re home is far away, or try to even meet in person.Ideally, your relationship with your property manager will be one you retain for years to come.