Maybe determine a cash-on-cash figure that aligns with your comfort level.

Choose weather-resistant furniture and add some colorful cushions for extra comfort.

Hmmm, guess you didn't notice that @Michael Plaks is an "Enrolled Agent".There are hot dog vendors, there are fast food cooks, there are sit down resaurant cooks and there are fine dining chefs. 

I could pretty comfortably afford my monthly out of pocket payment due to income and help from my partner. 

I don’t think it’s a scam but I wouldn’t be comfortable with dealing with anyone who asks me to go through videos of the property and videos of shows to may be increase view count of the show and properties on Youtube or wherever.Even a smallest turnkey provider would be able to share tax numbers and may be an excel with numbers.

Ultimately, it boils down to your own comfort level with risk tolerance though.2.)

Sure you could invest it in something else, but many real estate investors know real estate really well and are most comfortable in that space.What is your tax situation?

If I am comfortable standing before a judge, I'll charge.

But I believe that, on paper, this app does actually do most of the stuff I said I wanted in a property management product.All that said, if you are comfortable using an app for everything, and/or if you have a pot of money you wouldn't mind rolling the dice on to earn 6-8% interest, by all means give it a shot.

@Glen WileyI agree, I'm not comfortable letting just anyone stay in my listings.