But, if you don’t want to go through all the trouble – and your manager does not want it too – then selling is probably the better option, all the more so if you are witness to a good market, and you stand to make some ok profit here.

Unless a PM company has THOUSANDS of doors, this is not profitable. 

That house won't have a profit for 3 or 4 years now. 

So from experience I can't say it has been beneficial or not to our profit.

Misled by gurus on YouTube hyping how people JUST LIKE THEM with no capital, experience or real estate education, can join his mentorship and make these incredibly profitable deals.  

Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).  

Likely not allowed in the lease and if the landlord were to allow it they will partner with you and take a good chunk of the profits.

was there an agreement between you and your parents that they should share in the profits / losses of the airbnb / property.If there was an agreement, they should also be included in the LLC.It is best to discuss this all with an attorney.Best of luck!

This not only preserves the value of your investment but also enhances its profitability over time.Also, I'd like to emphasize the importance of understanding the local market dynamics, which will help you make informed decisions about where to buy, what to buy, and at what price.

@Puneet Mahi,Property management can certainly be a profitable business, but it’s more complex than many people realize.