You can likely fetch rents in the $1,000 to $1,200 range, so cash flow—even on a significantly levered deal—is highly achievable.

My research is showing increasing inventory, decreasing YOY performance/ROI, and over-saturation of that STR market. 

To get long term financing you have to be somewhere in the 75k range on loan amount .

The range for full service is 15-25%.Also as mentioned above you ought to be licensed and properly insured if you are to be a property manager. 

These tenants are so big that obviously you aren't going to get a personal guarantee out of them, but they're also such a safe bet that it's not seen as a big deal.In the smaller range of 3-5 year leases and small businesses, you don't see a lot of NNN, and you see more personal guarantees for the first term of the lease.

I would say it is doubly important for this price range (ARV is a half million!).  

The properties we buy are entirely turnkey and around the 40-65K range.

They also always call from the same number range so most people are fine just opening the lock app and letting them in without video.

Assessing the current market conditions and property values in your area can provide a clearer picture.Current Market Dynamics: Consider other factors like inventory levels, the competitiveness of the market, and personal circumstances.

Private lending is all over the map - could range from nearly being a bank underwrite to literally a handshake with your cousin Jim Bob.