We love the idea of Pensacola for the inexpensive real estate, steady cash flow from military families, and all of that.

Each of you thus has $12k in expenses (your half) offset by $18k in rental income (again, your half).

My husband is quite handy and that allows us to update units pretty inexpensively and I actually like managing the properties so it has worked out well for us.

It's easy to find an inexpensive software starting out, but I talk with many property management companies each week that did the same thing, and they inevitably had to transition to a new software as they quickly outgrew the inexpensive option.

They are often very inexpensive and allow consultations with local attorneys.

There are a few little touches that add value that are very inexpensive that I do in flips that I do not do in rentals.  

Does anyone have a good attorney that is reasonable and can provide guidance and draft documents for an inexpensive amount.  

I'm in search of an inexpensive roofer, electrician, plumber, hvac must be licensed.

I have investors who live in expense area and partner with me for rental income.

While there is certainly a lot of push to move away from the OTA companies like Airbnb, VRBO/HomeAway, FlipKey, etc, I think they are all a great value and a very inexpensive way to market your vacation rental property.