I have a call this week to explore this option for hosts and see how PMSs can make this transition easier.I am in the process of creating a direct booking site and wanted to make sure I was using the best PMS system for me.

Process was smooth and painless.

I'm looking to build a spec single family, the problem is that I don't have W2 income as I'm transitioning in my career.   

We utilized our capital to cover the purchase cost, ensuring a smooth and expedited transaction.

Yes all flips/remodels etc you will experience this and they will always happen when you think it will go smoothly!

It seems that things work pretty smooth until something bad happens to the home, then it can turn into a "phone call" nightmare really quick, and it did.Now, we are thinking about long term renting.

Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.

Setting up systems now will help you scale smoothly as you grow your portfolio.

House hacking in any of these markets can be a smart way to start with lower upfront costs and transition smoothly into a rental strategy.Given your options with a VA loan or investment loan, starting by living in the property can help you maximize leverage and build equity.

So now, to my question... has anyone successfully developed a Property Management company to help them transition into the REI world?