However, I was trying to think what is a good way to go with it. 

Definitely not a good sign.  

Thats amazing, good for you and your team!

Good luck on that first deal!

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

I'm totally good with some sweat equity but I'm not in a position to do Roof, siding, structural repairs and such.

Is it mainly a sales pitch or is there good knowledge that you cannot find elsewhere?

No offense, but hire a PMC because:1) You hate the process of placing tenants.2) You didn't do a very good job of screening the current ones.Sometimes we have to get out of our own way to find success!

That likely means that they are not good with money management which you are likely expecting from him.To answer your question, if you are doing long-term rentals, the LLC taxed as a partnership is likely the go to route.Best of luck.  

If their money is green, and they pass my tenant screening, its all good with me.