The property hasn’t pulled in a lot to cover the cost but for safety I can manage fixing some within budget. 

Understand exactly how big is the structure, how are you orient the structural, what's the access situation, parking situation, driveway, landscape, and waste water management. 

We have a local manager that can check ID's upon arrival. 

I'm a property manager in NOVA, and I'd say 90% of my clients start by renting their primary residence that they have lived in for 3 to 5 years.

I'm a STR manager and have a few arbitrage units myself.

How many rentals do you currently own and manage?

As far as I know neither of these are a necessarily deal breakers but just means we need to have really good logs to back this up in case of an audit.4) I have a management company handling the scheduling of guests, cleanings after guest leaves, and check-in/check-out duties.

"She doesn't boom but she doesn't but either"The only issue I see with your strategy is scalability. 20-40 units often get crushed with expenses because of the lack of economies of scale. 100+ units are actually easier to manage :)Happy hunting!

How will I manage this investment property?

Millennial leasing agent here and I’ve been managing my properties social media for 3 years now.