Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.

I missed your response before I sent my follow up to the last user.

A fair rate for solid management typically falls between 20-25%.Superhost or High Review Ratings Matter – Ask if the properties they manage consistently earn Superhost status or maintain high guest ratings.Communication & Accountability – A good property manager should be responsive and proactive.

Hi Ernesto,Thank you for the response. 

Quote from @Cari Sweet: But you started out by tagging me and saying that my response "sounds like a case for Fair Housing - Familial discrimination."

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Thank you all for your responses I am going to look into managing this one myself to understand more about what goes into managing .

And you will only be responsible to purchase at least as much as your part of the sale.

Especially your response to @Maria McNally. 

For example I had my slow teenage kids with me and I hadn’t replaced the keycard by checkout time (6 minutes past), although we were out of the property and had locked the door by that time.