It offers a great opportunity to learn the ins and outs of the industry while building a network. 

Quote from @Samuel Kim: Quote from @Tim Delaney: Does she handle all the tenant communication?

I'm going to take your comments about the communication to heart. 

For the next 10 months (40 weeks) you spend a fairly reasonable 5 hours a week marketing, communicating with guests and your property manager and bookkeeping.

I tried to work with my tenant but they cut off all communication with me and wont respond to anyone.

You can't add a lake but you can build out a great kitchen with everything needed to cook anything.Every STR owner will have a different answer.

Make sure the previous property management company did their job and communicated a change in management prior to you taking over--along with your contact information.If they have no done this, they should so the tenant doesn't feel like a scam may be going on.Just make sure they're away of where rent payments need to go and who they can contact in the future. 

Poor communicators, poor housekeeping skills, prescription med abuse, big dogs that they couldn't properly care for, damaging, etc.

Hey folks, I'm working on a platform designed to help property owners unlock cash tied up in their real estate without taking additional debt. If this is something that sounds interesting, I need need need your feedba...

There is no way I can build this and come out overall profitable.