Hi Elizabeth - I know how tough it can be to manage laundry for a 6BR rental, especially with high-quality linens and tight turnarounds.

Great tips @Collin HaysAnother "tip" is make sure you are working with a seasoned STR Realtor or your Realtor is conferring with someone like Collin a season STR Property Manager.At least once a quarter someone contacts me (as a PM) and either wants management or wants my opinion on a property and the property is illegally zoned or otherwise unsuitable for STR, although their Realtor is telling them otherwise. 

It's just old school working capital management that most businesses have been using for 100+ years.

There are significant differences between midterm rentals and long terms both in the lease itself as well as management of the property.

One is a big deal, the other is nothing.If you have a property manager he should be handling all this while you enjoy your xmas.

Here are some practical tips and insights based on my experience managing a real estate fund and working in this field.First, setting realistic expectations.

We manage multiple MTR units in the Indianapolis area.

Investment advisorRegistered investment advisorsEmerging fund managerPlacement AgentFamily officeMoney raiserBroker dealerFund manager Legally you cannot hire someone specifically for capital raising unless they are licensed through FINRA.

I have also purchased resid. and comm. properties where the landlording/property management was really poor. 

Self managing multiple rbr properties can be very challenging unless you're @Jeff White!