You can house hack while doing this too to really speed up how fast you can scale.

If you are successfully self managing at a reasonable scale, I'd hope you would have some systems already in place. 

However I have done residential real estate deals in 13 states using various exit strategies and my main advantage for this project is that I own a GC company within range of the property with experience handling large scale projects.

Currently have two long term rentals and looking to slowly and deliberately scale in a disciplined way.Thanks!

There is a large scale project going down that was bought by a Fortune 200 company in my home area that will bring in thousands of jobs and will inevitable make the appreciation skyrocket.

Now, just scale this process. 

Get with a good agent who understands short term rentals because the more of these you do then you can scale the insurance under a Business Owner Provider Policy (BOP) and then you don't end up with a dozen individual policies out there for each property that cost you a fortune.

"She doesn't boom but she doesn't but either"The only issue I see with your strategy is scalability. 20-40 units often get crushed with expenses because of the lack of economies of scale. 100+ units are actually easier to manage :)Happy hunting!

We bought our first 25 units and started to self manage out the gate, and have been since then, with over 2,200 units.Interestingly, A lot of our members in the J&G community start out with third party, and when they've achieved some scale, decide to bring in house.

In inventory-constrained areas pre-construction SFHs can be a great way to get new construction at decent prices (the builders have real economies of scale so they can build cheaper than you and me).