Neither is a right or wrong strategy but you need to weigh out how each strategy fits your lifestyle and goals.An Airbnb may stretch your profits but comes with higher vacancy risks, higher overhead/operational costs, but most importantly will likely take more of your time.A traditional rental may yield a slightly lower return when comparing one property vs one property, but also may be less time intensive and may scale better (particularly if you outsource the property management).

I know if the numbers still work out to meet my criteria its just another line item.

Is your plan to work out a payment plan or attempt to foreclose?

It may not work out, but you will learn a lot, improve, and hire better the next time.  

I tried to have a surveyor come out and get the property removed, but that did not work out.

And although it may be possible to find a licensed broker or property manager to be a part of this venture, what happens if that person quits or does not work out?

So lets say I was going to work out of state for a few years and the AMI tanks.

You just get quotes and recommendations and contracts and see if they work out.

In park land, you may end up with a laundromat, a retail business, strip center, apartments, houses , all the above, So you go case by case basis and see if you can get it to workout. 

I would see if you could work out a deal with this PMC for the same kind of situation.