My home has appreciated significantly over the past 2.5 years and I am hoping to take equity out.

Over the past few months, I’ve been diving into Brandon Turner’s books and bingeing Dave’s BiggerPockets podcast whenever I have the chance.

To scale successfully you have to get past the point where your newly increased expenditures exceed your increased revenue; past the point where your ROI allows you to “break even” on your investment, and past the point where the ROI is worth the increased risk, the increased aggravation, time, and “lifestyle” change, and past the point where you can step back from “operations” and concentrate on management.  

A 2-min Google or Chat GPT search will confirm.Hope this helps.

The bottom line is that past performance is no indication of future returns.

I launched an STR this past June in Cleveland, Ohio.

It’s been a pain going there every day for the past 4 weeks and looking ahead to have to keep going there every day for the next 4 weeks.

I'd like to keep savings and be able to hire out some of the work (something we have not done in the past).My thoughts are to put both into an LLC and look for investors or a business loan, and purchase and move to a new home.

Notice that the table you just pasted in matches my Scenario 2 exactly.

A PMC is the ONLY one that will deal daily with your property.Here's some copy & paste advice on hwo to screen PMCs:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.