For full protection, your mortgage company will likely still require you to carry a landlord or dwelling policy.

I did but each company I worked with has been bought or sold since then.

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

(owns a CRM company)Wholesaler in Akron - "What types of homes do you usually look for when you are looking off-market in Akron?"

Hiring a contractor to assist with repairs and a property management company to manage rental.

I see there are some recommended companies on here.

Travel nurses are making bank and sometimes I think the locums companies provide lodging.

I used to work with a property management company that managed 30+ STR's.

In this option your agent would either get paid from you directly in your closing costs OR from the seller via seller concessions.like Russell said, if you are comfortable with the transaction and understand what you are signing and you don't need things explained and you have connections with inspections and title companies then go for it.

I'm located north of Houston, Owned a Real Estate Mortgage company years ago.....