@Tomas BarriosHaving a local partner makes sense and is almost a necessity when you do property development but only a tiny minority of the people here would ever do that overseas.

Is there really a necessity to curse?

But if you think about necessity, then the scenario changes.

That money has to go somewhere and often times it is into asset classes like real estate, raw goods, and other necessities. 

Family friendly amenities (pack and plays), cookware, linens, towels, blankets, internet and check in instructions, flatware, and all the necessities for a short/long term stay.

They just make a repair list with figures and no guidance as to the necessity of the repairs.You mentioned this is your first tenant-turn over experience, which leaves me to assume it's also your first experience with your property management company. 

ITs not to churn a fee..Most Turn key companies start in PM out of necessity and until you get to about 1000 units or more there is little to no money in it.. simply a job.. with razor thin margins.. but if you can bust that 1000 door mark and get to 2 to 3 k you now can be the target of a big PM company that might pay you a 1000 a door to buy your book. since you did all the heavy lifting to get that PM company to that level..

Not a necessity but I also recommend to look for CBS homes because they will help you get better insurance quotes. 

Just trying to determine the pros/cons and the necessity of it all?

Still not my favorite thing, but understand the necessity of them.