All - I've owned this rental property for +6 years in Cleveland, OH and never had fleas ever with several rental cycles.

Start small with manageable properties, mitigate risk with house hacking or partnerships, and stay active in the community.

Here are some options:Demand Payment in Full for Damages: Ask your property manager to send a formal demand for the $5K in damages.

and of course a lot of DSCR loans are quote with a 5 year pre-payment penalty which of course can be VERY expensive if you have a 5 year flat 5% PPP and either rates drop or market conditions are such that you would like to sell the property. 5% of 300k for example would be 15k. 

He said he does not physically visit the properties

Now some will look to "Fractional" ownership of a property through blockchain.

Do the same thing with rental properties.

A STR is both a business and a real estate investment.Having little oversight on a newly formed business would make me anxious also.As others have suggested, you should consider going to the area for the initial items(Purchase, renovation, etc).Once you buy 1-2 properties, you can look to unload these items to someone else.Best of luck

The property's quick-sale prospects aligned with our strategy for fast, profitable flips.

If someone owns no properties, you may want to consider that when reading their advice.