If I want more cashflow should I be considering MTR in Denver, LTR in cheaper out of state markets, or another option I’m unaware of? 

Boutique smaller PM companies are without a doubt the best option for owners right now and many owners are learning that the hard way after having bad experiences with Executive Villas and the like.  

Develop strong relationships with these people and ask for second opinions from trusted sources.

They have landlord-friendly laws, which is always a plus.Jacksonville, FL: Another option in Florida with a strong rental market and potentially better deals.Gainesville, FL: Similar to Tallahassee with a strong student rental market but might offer different opportunities.Connecting with local investors and real estate agents can give you more insight into whether Tallahassee fits your investment goals.

If ownership is a single member (me), then one of two things happens. 1) we go with the lease agreement option and then Partnership B is receiving passive income that is much lower than what is expected; or 2) we go with a management fee option and then all the profit flows to Partnership B, but the expenses unequally benefit me as the single owner. 

These options in my opinion have increased revenue in the current market that just compensates for their increased effort (I have 4 STRs in my market).  

Here are three good options:1.

The DSCR loan is usually the best and most convenient option to go with 

@Raj KandragulaRecommend 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.

There is no option that brings the best results, it is all in your data.