Evictions usually take an extra two weeks to fix up due to property condition.  

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

These extra payments will only impact the finances for the duration of the mortgage, which is five years.Any assistance in analyzing and understanding this would be greatly appreciated.

Make sure you have extra keys.You could check on insurance with your STR insurance provider.

If you were to move more towards a luxury rental you could likely get $600/month extra but your entry price would then be around $425K.

Why would you do the extra step?

I read the extra info you put in the comments about the state of the house.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

So would this extra layer give me any help?

I didn’t like the expense involved when I researched cost of maintaining a business account to self manage 1 rental and found that the LLC route wasn’t necessary if we maintained an umbrella policy, so I just keep track of rental income and expenses (not that hard) on the one I self manage and any extra expenses on the ones managed by property management to add to their annual summary for my accountant.