STRs require a lot more cash up front so you just want to make sure you have a good idea of what you're getting into first :) I own STRs and love it but I also wish I had learned a little more about the analysis and management prior to going live - I did some of that on the back end and could have been successful faster.Another idea is to talk with some owners 1:1 to see what advice they would have for someone starting out.

I also would charge less if that's all that's going on, but there may be other factors at play which is causing the fee to increase as well, I'm also a single member firm owner in LCOL midwest, so that plays into things as well.

As a Property Manager I will tell you that the worst properties I take over are military house hacks when the owner leaves before the roommates. 

When you owner occupy, you can take advantage of owner occupant financing. 

Happy to talk more, and connect you with the community of STR investors in Ashford (Ashford Lodge, the Millards Cabins folks, etc. are young and passionate STR owners that are revitalizing that community!)

The political climate is very anti owner.

How do you communicate with owners?

Hope this clarifies some issues.As a property owner / manger you do want to know who may be acting irresponsibly, violating rules, or who damaged property.  

Owners often view their multi-unit property as one entity, which can lead to frustration when issues arise.

Just wondering if property owners here retain property tax consultants or attorneys to help fight increased assessments, classification changes, or other issues with their property?