I've been hang-drying my clothes for years and they dry pretty fast here in Colorado.

I'm a realtor from Colorado who wholesales STRs nationwide to help investors get big tax deductions.

Some lenders charge 5% released upon C/O, others release once that particular line item is approved by local inspection agency.

Maybe adding a parent a lease co-signer (and payer) might help.

Quote from @Jaycee Greene: As long as you feel you can cover large capex, there's not much need to keep much cash in the account, though I would keep the SD in there, so it looks like you're not co-mingling funds. 

While it’s not uncommon for full-service managers, you might find lower rates (~10-15%) or alternative solutions like co-hosting services, especially if you handle bookings, rate adjustments, or guest communication yourself.

My lender seems to have done a little mistake and my father who is co-signing was never told he has to be down here for the signing which was suppose to happen today at 1:00 and it cannot happen without a wet signature from him.

At a certain point it becomes a lot of work but you can outsource a lot of the work by hiring VAs which is way cheaper than a management co (definitely not as hands off though) 

All he does is co-living.

Assess Your Goals and Current Structure: Beyond replacing your handyman team, it’s important to evaluate your portfolio’s current management framework and clarify your long-term objectives.How are responsibilities currently divided among you and any co-owners or family members?