Hi Erick,One major hurdle is setting the right price without the insights a real estate agent might offer, potentially affecting your home's marketability.

This is totally automated, so you don't have to do anything but set it and forget it. 

Investors hate when agents set them up on auto emails and send junk deals.

Yes, I have been all over Airdna and Zillow for a while now and it seems as if the ADR just isn't high enough to justify the cost of the homes if I wanted to buy a house and set it up as a STR.

Congratulations on your recent investment.Moving new residents is a perfect opportunity to form rapport and set the stage for how your landlord/tenant relationship will proceed.We love to meet them at the property on or before move-in day to go over a couple critical items:We walk the home together and address any existing cosmetic issues and any open maintenance items.

Use it if that's your best option available, but like the previous poster said, be aware that you need to have money set aside for the loan.

That includes the mortgage, the insurance, if there is any electricity the landlord is responsible for, if the landlord is responsible for any of the water and sewer, not all of those bills might be every month, some might be quarterly or twice a year like the insurance, and a small percentage set aside each month for vacancies, maintenance, and eventual capital repairs.

If you are comfortable with them, set up a showing, or if not, tell them the property manager will call them to set up a showing (they are applying to so many places that they rarely follow up when no one calls).

Financial Management: Set up a system to track your rental property income and expenses.

Send them a couple reminders on a set schedule, just in case they honestly did forget.