Like law office, day spa, or some other small company space?

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).

@Itay HeledFirst Airbnb is a company.

Just requested a property management account.

How would you suggest going about finding a deal and managing it out of state.

I've heard there's a good chance the mortgage company won't care as long as the payments continue to be made on time but I still want to protect myself just in case.

My wife and I come from a manufacturing leadership and project management background.

When you say a live revenue manager, what do you mean by that? 

Use Series LLC to handle management activities, including collecting rent and signing leases.

We are a local brokerage and property management firm, I manage a lot of furnished rentals and work with folks here on BP.