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. 

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 exclusively manage STR & MTR that are managed through Hostaway.

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

How many rentals do you currently own and manage?

"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!

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.

How will I manage this investment property?

I’m managing a rental property for an out of state landlord.