Tell them that you are serious about running a quality STR and to have them call you at the first sign of problems.That will give them some peace of mind and have a way to get a hold of you instead of calling the cops.

If information is limited, use market-based assumptions to run a "worst-case" analysis.

So on my Canby Oregon project 90 homes I did the PPM route with only 5 investors where I own majority and it is me that gets the bank loans etc and runs the project investors are all passive.

I’m running about $350/month but that’s 8 properties and 31 units.

Quote from @Madhuri Gupta: this company: Flipsystem run my Antonie Martel seems to still continue to recommend this team to its subscribers.

Also on running businesses and how to value add properties. 

I brought my nephew with me for about 12 of my trips last year and I am much more limited this year, but I have been pretty much running the shadow management(managing the PMs as my co-assistant with another gal) on about 3 of our STRs and 2 of our LTRs so he has his hands full.

these days buying any free standing SFR with rents much less than 1200 a month is simply not enough Gross revenue to run the railroad.. 600.00 rent on an SFR your going to lose your rear end through cap ex and maintenance.

All you can do is run the numbers and see if they make sense to you at this point.

As you know property is expensive and you don't have a business running that generates revenue.