You could even consider investing in a Real Estate Investment Trust (REIT), which is a company that owns income-generating properties and distributes part of its profits to shareholders.

These are self managed through my small STR management company.

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

They tend to stay to themselves, not a lot of company or complaints. 

Applicant credit scores should be treated with a high level of care and should not be handed out when they aren't assured that you are locking them up and taking due care with private and sensitive data.So, many places, including the screening company we used for years before moving to a PM, provide a suitability score rather than the actual credit score. 

My main focus on Florida stems from an established working relationship with a property management company there.

These companies are fly by night hence why they don't buy their own properties...

There are not many companies vertically integrated that take the financial risk on the front end. 

Quote from @Rodney Davis: Has anyone done a deal with this company, Strategic Investments Partners? 

@Travis Marko There are several skip tracing companies out there.