I have been with a property mgmt. company for the last 6+ years and thinking of managing on my own.

Ultimately the true cost of acquisition and investment will need to be disclosed and assessed.

I've considered it in the past but have never been able to stomach the cost of a "professional" Airbnb designer. 

When starting a business or owning multiple properties, it’s crucial to manage your cash flow effectively to ensure long-term stability and growth.

@Gerard Scranton - we have gone the partner route in similar situations in the past by giving an equity stake in exchange for cash and labor.I would find the nastiest houses in need of work and put up 50% of the combined purchase price and rehab cost and then I’d bring in a contractor partner to bring in the other 50%.

And, no issue should arise if closed and managed correctly. 

We designed some, furnished and manage them.

with my future investments, I would love to have at least a little bit of cash flow, but I'm fully expecting to pay property management to manage remotely, and more focused more on growth potential / equity, and then to use equity to keep expanding. 

Fix it, still in their name, have them sell it tax free, and reimburse you for the cost of fixing it up.

It costs them nothing to fix it and you have a year warranty so you’re not getting a mechanical discount.