I just think it is vital to have some boots on the ground in the city where the investment property is, especially for smaller operators. 

I see a number of economic development and community vitality initiatives initiated circa 2020, including a community master plan, the development of the MetroHealth complex and associated green space, the Community Housing Plan 2030, 25Connects, Mayor Frank Jackson's Neighborhood Transformation Initiative, and others.

To add an additional layer of complexity I am under contract to buy land and build another STR.

Carpeted areas will probably need removed down through the first layer of subfloor.

Properly scheduling inspections for HVAC systems, water heaters, septic.. etc, is vital to minimizing emergencies.

Finally, as Chris mentioned- this deal has some additional layers of possible risk. 

They can become a vital part of your investment pipeline, especially when you’re not tying up your own capital.

Quote from @Cory Vitale: Hey @Adam Hoeker some my clients use QuickBooks, and it is definitely a great and industry standard accounting tool.

Achieving immediate positive cash flow indicates a successful execution, and the lesson learned about closely managing startup costs is vital for any investor.It’s also great to hear about professionals like Midge Maguire who have significantly contributed to your success.

There could be multiple layers of unraveling in the months and years ahead.5.