Like a property manager if you will not being moving to the area for a long period. 

@John Mason, the way we have experienced Amex is that we had one personal card and they did a soft pull when they extended credit to each of our LLCs. 

So in my case, we selected June 1st - June 29th, adjusted the minimum stay to 2 nights for that period, and upped the rent for that period to STR rates. 

Is there a seasoning period? 

If an existing lease is in place you can't require the tenant to sign your lease until the current lease period ends.

Look for opportunities to lower your interest rates and extend terms slightly without going for 20+ years.

Most real estate earns you money over a longer period of time and people don't want to wait, plus with the current interest rates, you can park the money in a savings account and do pretty good with no headaches.

We anticipate that demand for mid-scale extended-stay rooms in this tertiary market of Raleigh will continue to rise over the next 5-10 years, as Johnston County is the fastest-growing county in North Carolina.

The basic idea is to pick an "area" of focus that you want to own/dominate by doing consistent marketing over a long period of time.

If you don't have a lot of cash, then you will be looking for cash flow, period.