Its not impossible to be successful with not seeing but it ups the chances of the investor losing.

(My assumption is it may be tough to prove enough material participation if using someone local to manage.)Two things worth noting:1- I'll be discussing with my CPA in-depth soon, but would like to hear other's experiences on this.2 - The main reasons I'm looking to STR's is the tax benefits (Cost-Seg) & appreciation that comes with buying in these areas opposed to the mid-west where I look for long-term rentals..

Let's suppose that number adds up to $2,220.

Where did the tax lien show up on the lenders underwriting ? 

But when they didn't make up the missing 2 months' rent, I sent them a Certified letter letting them know they were in default, and they needed to pay it by 10/15.

but I do believe that being he is a Billionaire, he picked it for a good reason and this guy became rich because he is intelligent beyond what we understand for the plan he has for the supercomputer in Memphis. 

Houston's short-term rental (STR) market has been unregulated up until now, but that's set to change by the end of 2024.

I increased the equity by $200K on mine by freshening up the lower unit and fixing some systems in the building. 

Keep up the interest and research!

Make sure you are given more jobs, are seen as being affiliated with the firm or investor and get them to set up a compensation structure where you are a stake holder in the property for your efforts.