BE CAREFUL. 

These are typically more like corporate housing or traveling medical professionals.Short term rentals—We've used Airbnb selectively as a way to turbo-charge properties that maybe have a small funky unit that can't command strong rents but still is a bear to heat in the winter. 

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These include (but not limited to) Utilities, HOA fees, Lawn care/Snow removal, accounting, legal, etc. 

We're on nearly half an acre that hasn't been properly taken care of in years.

If you can take care of that, the money will transfer within X days and you can get your money plus and extra X amount for helping.

Be careful though because sometimes the owners mailing address may not match their physical address so pay close attention because that’s probably a rental.

I'm looking at turn-key for out of state markets where the 1% rule will work and eventually building a team in select markets (midwest and south).

The bank takes care of reports and I hate unnecessary complexity.

I feel tenants would be less likely to take great care of the property if they realize they've already lost out on 1/2 their security being returned.