Does your company only operate in Memphis or plan to expand to other markets?

Now you are saying you have no experience owning/operating an STR, that's another hit.  

But the very thing that gives us success at first—handling everything ourselves—can also hold us back from scaling and growing our business.How Trust Works in Real Estate InvestingLetting go isn’t just about delegation—it’s about choosing to trust rather than operating from fear.🔹 Afraid to let a property manager take over?

I would recommend the East Idaho REIA which is typically the 3rd Wednesday at 5:30pm in IF and the Poky REIA which is typically the 1st Tuesday at 6:30pm.

As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component 

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

Typically who pays the for the utilities?

As the agent I typically become the face of the transaction. 

@Katie Lyon Because our weather is more temperate over the winter months, we have much more consistency in demand across all times of the year, so typically the market stays fairly consistent through all seasons.