You can collect payment directly through airbnb or collect it through your payment processor (mine is Stripe) on your direct booking website. 

Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.

@Michael Darten  Most property management agreements have the monthly PM fees based upon a percentage of rents collected.  

By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.

Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

My point is even some experienced operators doing more extensive/sophisticated value adds are struggling in this market. 

Even if you make all of your payments on time there are times when something happens by accident or a collection pops-up and drops the credit scores. 

.- >65K in rent collected- having someone to bring in Amazon packages when it is raining outside- generally having someone to watch over the property when out of town oftenI think the headache is worth it.

Most property management companies are licensed realtors with extensive experience working with investors and providing valuable insights into their local market.

We have never collected that and it is not a significant cost.Also be very careful changing criteria mid stream, I would only change it between vacancies.