As several above have stated, if you have Class A properties, you can easily manage remotely if you embrace technology and solve the maintenance issue.Regarding the fees you quote:1) Placement Fee = 1 month of rent.

If this is the route you want to go, STR management is very scalable with the technology available today.

As you pointed out, traditional banks in the US have largely been slow to adopt new technology. 

By streamlining that process and taking it online (again, crowdfunding is nothing more than the adoption of technology to solve a problem) sophisticated sponsors are freeing up their time, their most valuable asset, so they can spend more of it on finding good deals and executing on good business plans for their investors.]

I am a technology geek.

Feeling a little special on the technology front.

With the rise of technology and the internet, it has become easier for people to create fake documents and falsify information.

Technology has given landlords a lot of avenues.When you take on enough you may begin to appreciate that a good property manager is worth the money.Until then- have a blast and KISS!

Technology which is the backbone of the Bay Area economy is now a huge contributor to global growth making our economy even more prominent.

It was completed renovated and sold to a technology company who liked the improvements and is moving in their operations.Earlier this year I closed the purchase of a 120 unit student housing project, just a block away from the UC Berkeley campus.