@Diane Bonheuris this something you'd live in, or a pure investment property? 

Im having trouble thinking about it from a pure business point. 

If that $3,000 was all built by using a portion of the monthly rent to pay the loan payment, not costing me anything out of pocket each month (as the only cash out of pocket was at the time of purchase), that seems to be additional value beyond just cash on cash return, a positive monthly cash flow, and also any long term appreciation gains.In that same example (purely directional made up numbers), if rent collected is $1,000 per month, total loan payment is $700, other expenses are $100, then my cash flow is $200 per month. 

It will be underwritten purely on the rent scheduling covering the mortgage payment .

And for brand value I'd argue there is no "nike" of PMc, so many can fluff the feathers and cluck how great there brand value is but I say show me the client stream coming purely from brand, I call BS to that "cluck", and say it's open air and opportunity for any to create brand value in a market and take market share where there is any lacking options in PMc quality or availability. 

Usually, you'll end up with some hybrid between pure self-insurance and purchased coverage. 

Ultimately, it seems like it is purely up to me whether I would like to build a relationship with anyone in the group and whether I will get anything worthwhile out of the group based on what I put into the connections present in the group. 

As a vendor, hundreds of our clients are property management companies (from mom and pops with 50 doors to PURE & HRG with tens of thousands under management).

It is pure data and that is why it WILL work for anyone willing to learn how to read, use and interpret that data and apply!

A few cities in Denver actually allow non-owner occupied vacation rentals (pure investment STRs), and then there's Parker, alone in its outright ban of them.MTRs are an interesting choice.