It has been empirically shown that short-term rentals like AirBNB lead to an increase in rent prices for other residents, so AirBNB is actually harming other residents. 

Personally I couldn't do it but I have a $20k a year cigar and scotch habit and like very expensive sports cars. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Read the leases front to back and make sure nothing glaring can harm you or your investment. 5.

@Vivek Khoche,I accept your apology and absolutely believe that no harm was intended with your post after reading your response.  

More money only magnifies your money habits.

Plus, not correcting all health and safety issues are likely to result in injuries and litigation.Systems - This includes what is necessary to make the house habitable, such as HVAC, roof, appliances, plumbing, electrical, water damage, etc.Market ready - "Market ready condition" refers to changes necessary to attract people who will pay full market rate.

There's no harm in that and most will be glad to help. 

If that happens, it'll actually create more harm than good in the long-term. 

We don’t know anyone in the area, but you might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesAdditionally, don't treat property management like a commodity and just focus on the lowest price!