I know there are a BUNCH of out-of-state STR/MTR PMs that will manage properties remotely and I'm definitely not looking for anyone non-local.Hi Kimberly, I have both and live outside of Canton. 

I live in Texas, so info on San Diego STR rules is very valuable.

I have lived in these 2 small Markets my entire life.

If you don't have a 70,000,000 SF+ industrial market size near it'll be hard to really specialize in just that and make a strong living.

Quote from @Chris Seveney: @Josh MyrickYou technically can but if you start the non profit typically you cannot be an employee or make $ from it, and profits should be reinvested in more housing.If your goal was to profit in any way, the answer is no  Yea, the goal is no profit or it be reinvested in more housing or improving the current rentals for better living conditions for tenants.

I live in st thomas. let me know if you have any questions

Each person’s core values are unique and shape how we live our lives and make decisions.

Sarah,Almost forgot to mention a BiggerPockets featured book: "Lend to Live" by Beth Pinkley Johnson and Alexandria Breshears. 

I own more units than qualifies for the exception and I don't live in any of my rental properties.2) 3x rent is illegal in Colorado now. 

Kinda feel I’m stuck with them but at the moment I have to live with it.