The key is building a reliable local team—property managers, realtors, and contractors you trust.

SFHs are easier to finance and manage but have limited cash flow and scalability.

Hi Everyone, I own and self manage 2 of my own properties here in Western NC.

I will no longer manage furnished long term rentals. 

Finally, speaking with property managers can provide valuable insights into rental demand, average occupancy rates, and tenant profiles in the area.

Is RentRedi as easy to use as Avail for posting the listing and managing the listing?

It would also be much easier to manage considering you are currently living in Arlington.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

Owner will need an Annual Owner Statement from your acconting system, reflecting those gross collected amounts and all expenses, including your management fees.