I loved Spain when i visited there and there was no shortage of people visiting which provides an opportunity. 

The skill sets are not the same.

Does Memphis have negative job growth?  What about Blue Oval City?https://www.nar.realtor/research-and-statistics/housing-stat...The Memphis metro area has a deficit of about 29,000 housing units, according to the Nat...

The only source for the local knowledge you need is an investment team.Also, an experienced local investment team already has the skills, processes, expertise, and resources you need to identify, validate, renovate, and manage properties, saving you time, money, and risk.Working with an investment team usually does not cost more.

If you are against PM's than you might want to consider partnering with someone with strong decision-making skills.

The skilled wholesalers in NJ have their buyers list and won't go through the hassle of putting a property under contract that doesn't meet the criteria of the buyers on that list.

I’d love to hear if your biggest home runs have been from: a) buying an existing STR, tweaking it with your own unique skill set and applying your experience-proven enhancements to be a top performing property, orb) converting a previously non-rental property into an STR?

They do not have the skills so these one offs that go way off track is their business, they know you'll never work with them again. 

If you got carpentry skills, it doesn't look like it would cost that much to repair.

One of my mentors always says that, "Making a quick decisions is an important skill"!