But, more commonly, they bring in the capital, maybe do a site visit before closing, and ultimately just forward an investor email to the main operator, then forward the response to the investor.  

Instead, focus on improving your marketing and responsiveness.

I appreciate everyone’s feed back and responses!

Unless you have a clause in the purchase of the entity that clearly makes you responsible for the entity from the day that you buy it(Indemnification) I wouldn't bother with the LLC.Good luck man. all the best!

I wrote the above for informational purposes.

Centralize your back office / use remote employees / VA where appropriate to cut costs and improve service levels / responsiveness.  5.

Thank you for your rude and unhelpful response, Jaron. 

Still in NKY, but for investment purposes and being a lot more lively, I am househacking a little farther north.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick Patrick, Thanks so much for the response that is great to know about the different zoning requirements for short-term rental in Nashville.

I'm struggling to understand some aspects of your response, but it provides some things to think about.