![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2255473/small_1694733468-avatar-adams829.jpg?twic=v1/output=image&v=2)
5 February 2025 | 2 replies
I am looking into my STR options but from what I have learned this is a overflowing market in the area and the vacancy's are increasing so I may look into mid term and long term only.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3166324/small_1736287582-avatar-desireeb52.jpg?twic=v1/output=image&v=2)
3 February 2025 | 27 replies
That said, if managing sounds overwhelming or you’re strapped for time, hiring a property manager from the start is a perfectly valid option.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2563427/small_1739133184-avatar-kwanzap.jpg?twic=v1/output=image&v=2)
6 February 2025 | 7 replies
I don't have any brand preferences personally (I use Fantasy Spas at most of my units but I'm sure there are alot of reputable options), but just make sure wherever you place it is built to handle that type of weight.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3007875/small_1714282601-avatar-franklinm43.jpg?twic=v1/output=image&v=2)
23 January 2025 | 6 replies
This is typically HIGHER than option one.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/210512/small_1651683954-avatar-jfernez.jpg?twic=v1/output=image&v=2)
11 February 2025 | 10 replies
It's much cheaper than Buildium and offers similar tenant screening options.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2052052/small_1735941786-avatar-michaels2251.jpg?twic=v1/output=image&v=2)
20 January 2025 | 8 replies
I suppose something more turn-key could be a good option, but haven't come across many viable options there yet.Anyways, we still have a lot more to learn and still need to familiarize ourselves with the area/market, but just wanted to pop in to say hi!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2691092/small_1681606360-avatar-kylek431.jpg?twic=v1/output=image&v=2)
28 January 2025 | 7 replies
If you are skilled in each of the areas above, and you have enough in reserves to cover the costs of when things do not go as planned, then you can likely attract money from private money lenders who want to get a return on their money and they see lending to you as a low risk way of earning a better return than in the other passive investing options they have.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3175798/small_1738068065-avatar-joshuan203.jpg?twic=v1/output=image&v=2)
10 February 2025 | 7 replies
That might be an option.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2839306/small_1694993374-avatar-carlr108.jpg?twic=v1/output=image&v=2)
19 January 2025 | 10 replies
Otherwise, I recommend option two, using a personal loan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1889095/small_1678763845-avatar-chrissyg5.jpg?twic=v1/output=image&v=2)
31 January 2025 | 5 replies
Going to try out PayRange, the Shine Pay is slightly more expensive and the one quote about the 20 units appears to be from shinepay as it is the only qoute they ever made... not sure which is better but both look like good options