The more forward-thinking fractional companies are utilizing blockchain technology to automate a lot of the backend to help with this. 

Since you own a business, you know the importance of being hands-on, but short-term rentals will require a mix of sweat equity and automation, especially for guest turnover and property management (as an investor/broker I've worked with a lot of clients that have done STR, and are now pivoting to MTR). 

At least at the court steps... not sure how that will work with online auctions via Xome or Auction.com.It sounds like I may need to capture this funding arrangement under a different instrument.

Automation of Property Management: Say goodbye to the days of tenants texting and calling you at all hours of the day to report a maintenance issue.

I don’t have any affiliation with them, just thought I’d share as I think it is pretty much as cheap as you can find for paid softwares with good functionality.Payments take several days to process, but tenants can automate them which is nice.

Yes, I feel that directly owned single-family rentals are really a business and not a passive investment.There are a lot of things that can be done to automate it like taking rent over the Internet, using Zillow and other apps to bring in new potential renters, etcBut others require manual labor.

Title company makes sure the security instrument Deed of Trust or mortgage is recorded and you hold the note as your security.

You go to the internet.Well, guess what So does everyone else including actually MOTIVATED sellers.The ONLY way to reliably get in touch with motivated sellers is for you to make it extremely easy for them to find you.I call this "stalking the watering hole".SEO is obviously the best, but  PPC and Facebook ads (a service I do not provide... meaning I am not just saying this BECAUSE I offer SEO) are the next best thing each with advantages and disadvantages.Now, you are better off investing in an ever working lead generation system so you can automate this to generate the highest quality leads for free, than investing in a list, no matter the list and every single time you send mailers you have to 1) Hope they see the mailer2) Hope they open the mailer3) Hope that when and IF they open the mailer they are in the mood to read it4) Hope that when they 1. find the mailer, 2. and hopefully open the mailer, and 3. hopefully they are in the mood to read your mailer, and 4. they are coincidently in some sort of motivation state to act on the mailer, they will give YOU a call when they have received 400 other mailers from other peopleYou do realize that 50% of 50% is 25%.

They also don't use automated locks and manually change the guest code every few weeks7)They have terrible response times when I reach out to them.There's a lot more... these are just a few things that are top of mind.

I do know that the pricing varies based on the unit count as well as what level you sign up for; but overall, it's super user-friendly for tenants, PM's & owners.Plus they're always updating their software and adding new automation features to make everything so simple as well as well as great customer support.