Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.

Typically corporate/bank owned homes are managed by an asset management company.

I can recommend property management, realtor, vendors, if you need them.

I currently manage a portfolio of 17 STRs, some are mine, but a majority for other owners.

Additionally, in Co-Living the property manager walks the property once per month to deliver toilet paper & cleaning supplies (aka property inspection). 

Contact me PlzPS - Since 2003, Dean & DeWitt Property Management has helped investors buy, sell, and manage investment properties in the St.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.  

Lastly, if you want cash flow so you can quit your job then you might want to consider strategies like flipping, Airbnb, property management, and being a real estate agent.

Networking with Canadians who’ve invested in the U.S. and finding good local agents or property managers will also help a lot.