My main concern, being my first rent increase, is the attitude/personality needed for such a task.

It's much if you can see the property in person. 

Personally I’m having a hard time coming up with Cons, and that the Pros greatly outweigh them.

Our focus is partnering with investors, and that's what we're personally doing in Waco. 

Currently, I am using my personal checking account to collect rentals.

There may be a paywall here, if so, contact me and I will send you a PDF copy of the article.https://www.wsj.com/personal-finance/real-estate-landlord-in...

I don’t like large banks because they are less personal and personnel changes.

They fail to account for their personal time.

Personally, I am not a big fan of STR's although they may be fantastic in certain areas of the county.

I started almost a year ago..its been a journey but no horror stories...yes drama but no horror...the person I was considering hiring to oversee the project decided to take the project on which was a dream come true...thx for your advice ..i did what you advised and then got lucky!