I have explored the forum posts regarding vacation rentals, and I haven't seen this exact topic addressed (unless I missed it), so I wanted to ask for feedback on this particular property. 

I would then look for a reputable property management company or I know some condo complexes even offer to help with renting your place out and cleaning up after guests leave.

@Jay Hinrichs is absolutely correct that having a good lender, with a good reputation is vital in a competitive housing market.

Still very new at this and so far I've been buying and holding about 6 properties in los angeles area.I would like to explore opportunities in multifamily, commercial property, financing, or even flipping since I haven't done it.

AVL is even worse than most places since there is SO MUCH work that contractors don't even need to maintain a reputation any more.

Should I leave as is or explore this more?

When I explored the options, the ONLY reason I could see for going the 'long route' would be that it *might* prevent you from doing 'prohibited transactions' since in theory that is part of what the Custodian is supposed to be doing (as I understand it). 

I would be weary of many wholesale deals, there are a few reputable guys who are out there but many of them are first starting and thinking that they have good deals when in fact the deals they have are garbage. 

As a Houston native I haven't even considered it because of its reputation, but I tend to get tunnel vision.

My wife and I have been interviewing financial advisors lately, all CFP's from reputable firms, and all fiduciaries.