During value add the value would decline if based on cap rate and NOI due to higher vacancy.  

I have only $45k left on the loan and can scrap the funds together to pay it, however, I wish not since the loan is at 3%, and I can use that $45k for other properties to not pay as much of the 7% interest rate loan I would need.2.)

The nicer domes in the areas I've looked at are netting $200 - $250 a night in areas with a 60-70% occupancy rate.

I know the conversion rate is usually 2-3%, which means I would have to call 100 people to maybe get 2 listings. 

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

I may allow it, depending on the circumstances.

One thing I did differently, was not just depend on my realtor to get the house rented.

This was 1982 and interest rates were approaching 18%.

However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.

Your landlord isn't going to pay any after hours, or weekend repair rates, and so you are most likely going to have to pay for those out of your own pocket, even though it's technically not your responsibility.