We live local and are self managing.  

A Pro membership gives you the tools and resources you need to start, scale or manage your portfolio.

How do you manage banks calling to speak with the seller after a sub-to deal?  

It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.

Expenses like this include things like property taxes, insurance, maintenance, administrative and office costs, payroll, marketing expenses, and property management fees. 

I don't understand why there is such a wide variance between these two cabins right now - same formula.Also, I asked @Collin H. if there was any correlation he could find between the cabins his company manages that are doing somewhere between 15% drop to 50% drop and he said he could find no correlation.If I were to build another any time soon, it would be with a huge down payment, so it would not be so heavily leveraged for my risk tolerance right now.  

Gotta get you a good PMS to manage effectively.

We are working with a designer and project manager out of state to setup a STR for a property we just bought. 

If you have a reserve of $6,000 for one property, your annual cash flow could still be hit hard by a bad tenant, or the combination of a bad tenant and a failed furnace.I'm curious how you manage to spend 4-6 hours per day on real estate.

The bigger issue is you need the ability to manage the entire process.