@Preethi S. understand your concerns about PMCs defending themselves and throwing owners under the bus.But... how is it okay for you to NOT share all the context, yet throw the PMC under the bus, and by extension all PMCs?

Leave as is and simply provide info for the nearest Laundromats. 

If privacy is a concern with young kids at home, you might look for properties with separate entrances or a layout that keeps your space distinct.You mentioned having substantial equity in your home, which is a great resource.

To answer your question (that wasn’t actually aimed at me) my concerns are investing in an area that I’m completely new to and building an out of state team that will be effective. 

If not, paying off the STR could leave you vulnerable to unexpected expenses or downturns.

The tenant is understandably frustrated and has mentioned safety concerns due to slipping hazards caused by the water.

We are concerned with where interest rates might go in the next 7 years.

Sounds like a good plan, should have plenty of options available.I would be cognizant of any group you talk with on two areas, the location of the property including any potential concerns of it being 'rural', as well as the minimum purchase price and/or minimum loan amounts.

While no formal laws say this is restricted, we are getting notices saying the request is not feasible due to XYZ concerns.

If your property manager is not listed as an additional insured, they may not be covered under your policy in the event of an incident on your property, leaving both of you potentially exposed to liability.It can save you money.If your property manager is not added to your insurance policy as an additional insured, they may be forced to purchase their insurance policy to protect themselves.