As an agent that works with OOS investors frequently I prefer they come into town at least during the inspection period.

They do a good job of regularly releasing episodes and they frequently talk about starting out with their initial capital pool and growing their business. 

How are you managing your properties in that area given that property management company seem to be extremely unreliable and seem to go under quite frequently 

Even the most meticulously crafted plans can frequently go off track due to unmet responsibilities or unforeseen events.This is the essential characteristic of the real estate industry.

You also tend to get more frequent and better feedback than with an STR, if you treat your residents well.The last quadrant, unnecessary but not obviously so, is usually as a result of either converting an STR to an MTR or from remodeling above the standard needed.

That refi allows me to recapitalize and repeat the process.

Relationship wise, obviously you are much more willing to trust a repeat contractor versus someone you are using for the first time.

-A water heater issue resulted in repeated mismanagement—confusing unit assignments—leading to extra costs to fix the same issue 3 times and on each occasion "more fixes" needed to the water heaters that I plumber said was needed.

The discussions we see repeated today differ from four years ago because the market has changed. 

True the new owner will have to start his own account, but he should have a built-in revenue stream from repeat guess that will search for that property by address.