Quote from @Obed Calixte: There are a ton of free tenant applications online and through property management software companies such as turbotenant, rentspree, zillow etc.You will want your application to meet any state specific guidelines (if applicable). 

Managing a rental (even if it cash flows) comes with responsibilities, and it might not be worth it for $300 a month.

Since we are two people, we can manage the negative cash flow together.

As a property manager in Savannah, GA who has been hosting these guests for longer than 7 years, I’ve spoken publicly many times on the lack of concern about guests becoming squatters.

Purchase price: $925,000 Cash invested: $75,000 Sale price: $1,190,000 Bought and styled and managed a luxury Airbnb in Scottsdale.

With strategic upgrades and efficient project management, we turned this investment into a profitable success, showcasing the power of smart renovations and market expertise.

Hi Collin,After managing hundreds of properties, I always keep an eye on short-term rental trends, especially in key markets like the Smokies.

The attorneys I have worked with when buying a large apartment complex have all recommend one LLC for holding the property and one for managing it.  

I could move over to Cleveland to use the same property management for a similar deal?

if you have proper team you can self manage. are you local to the area?