Did this ever come to fruition?

Now, you need to figure out how to find deals and pay for them.

It's the boring places that probably won't appreciate above the rate of inflation that will provide real month to month income. 

what is the monthly delta? 

You are going to have to weight that against your desire to transfer management.If you want to go down the path of outsourcing some of the burden, suggest you make a list of everything you do.

Best of luck to you.

With the proceeds we later purchased two properties the same month, one with FHA loan 5% down and received a closing credit of $8k plus a $2k check made out to us after closing.

Now, you need to figure out how to find deals and pay for them.

Are there any ways to get around this?

The only inconvenience is I have to pay booking.com a commission at the end of the month, and I have to remit the local taxes myself vs.