I would hire some kind of attorney and sue the hell out of the city to get your portion of the money back from them and then demolish the house and walk away.

When you are virtual wholesaling does the attorney/title company have to be in that city or can I use my own ? 

My goal of owning a PM company stems from the desire to have a bunch of my own properties that I'll need to hire people to help manage anyways so why not take on other owners properties while I'm at it?

But, when I run my numbers I account for PM just in case I ever need, or want to hire that part out.

How do you hire someone far away? 

Instead of hiring a property management company, I would prefer to work with a trustworthy individual that can also do regular maintenance and repairs. 

It depends on your location, size of property, purchase price, nightly rate you can get, your upkeep of the property, and many other factors.If your unit shows well in photos and if you build up some good reviews in the first months, and your pricing is reasonable, it will be consistently rented.We have 3 of them, and all less than 1 year so the jury is still out, but in our experience so far, the startup and ongoing costs have been higher than expected, but all are getting good reviews, so in year 2 (now that they are stable) we expect to do pretty well.You have to make sure your town allows it, and you have to decide if you will manage it yourself and take on that extra work (communicating with the guests and people who will clean/make repairs) or if you will hire a property manager, which can be expensive, upwards of 25%.

Routine maintenance you can do yourself but all tenant caused damage must be repaired by hiring contractors. 

1) Buy a replacement fan and bill him the full cost.2) You gave permission to mount the screen and did not supervise the instillation therefor not the tenants responsibility.3) Hire a contractor to replace the mirror and bill the tenant for the full cost.4) You did not prevent him from installing a trampoline, which was a huge liability mistake on your part, so you are out of luck on the grass replacement.

If not maybe hire a property manager to handle that property.