Because you live on the property, management will be easier.

I am also planning on using a property manager as I have an 8 - 5 full time job.

Here's a good folder setup.Bank StatementsCredit Card StatementsProperty Management StatementsMortgage StatementsSTR Platform StatementsInvoicesReceiptsClosing Documents (Purchase/Refi/Sale)LeasesCheck & Deposit ImagesVendor ContractsW-9’s & 1099’s

You can manage your risk. 

I manage and own some STRs. 

I managed a low end apartment block for several years. 

Thx for sharing and congrats that is a ton of success, @Eric BilderbackLike all investments there is risk to manage.  

Recently, management changed it so both loans can be made with one payment versus two separate transactions. 

That means learning how to vet a manager.

Then make sure there are ample property management companies in case you'll have any attrition.