If they are not good at property and asset management your "investment" could become a money pit with vacancy and repair expenses. 

But it’s not everything - this software is optimizing for the host’s success and not balancing that enough with the guest experience.

I recommend having a pricing software (pricelabs perhaps). 

Going DIY and self-managing this type of asset from another state may not be an easy task for such a building and neighborhood, it needs more attention (and probably capital).Try an unconventional approach.

I started with the Simple Start plan, but as I learn more about the software, I realize that to effectively classify income and expenses per unit, I need to use Classes and Locations, which are only available on the higher-tier plans.I’ve seen suggestions to use units as customers as a workaround, but I’m curious if anyone else has tried this approach or has recommendations for managing multiple units in QuickBooks with the Simple Start plan.Looking forward to your feedback!

Software developer - "What things do you look for in a CRM?"

Our software has an option to have someone who looks at our pricing daily and tweak yes. 

When you build enough capital/assets/net worth to afford a reasonable monthly cushion you can see if the lifestyle of a full time investor is something you’d want to pursue.  

Of course, the smart ones will have agreements stating they are involved in due diligence, marketing, asset management, etc.  

The FFE and other assets of the business cannot be 1031d anyway.