They hire independent contractors to do most of the work.

Contractors  will be your problem 

Biggest things are to make sure you get a very thorough inspection report and make sure you have very reliable contractors.

I'm about to buy to 4/3 home that's 2,300 sq ft, built in 1967 and want an experienced real estate investor to evaluate whether it's a good deal.Please comment below if I can pay you for 1 hour of your time to analyze it.I have full photos/video walkthrough, and also have several contractor quotes.

You are creating a new job for yourself.With the number of STRs (I assume that just because there is 850 permits doesn't mean that they are all in use), plus the in you have with the other owners and the local page, make it easier to hit the ground running.Maybe you reach out to some of the independent contractors you know and ask them if they might want to join your team.

Reliable local contacts, like property managers and contractors, can make or break an out-of-state investment.Happy to send some resources about the market if you want to reach out.Best,Travis

@Daniel Brundige Seems a big project if you are starting out, usually people start with smaller ones to get to know the contractors work  etc

Get a qualified contractor to verify the cause and then make the necessary repairs.

There is so much demand for good contractors.

I also believe there will generally always be a demand for gc's/contractors in the long run and it is a real estate adjacent which would keep me "in the know" for off market deals and opportunities in my area.