I will manage the property through my assistant.

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property. 

This also lets investors manage maturity dates, guarantor exposure, market exposure and other factors.We service loans on our balance sheet and manage construction draws for all loans we originate.I am happy to answer any additional questions or provide additional insights.

I have 3 homes managed by a property manager.

Lenders, Investors, Hard Money, Partners will focus on experience and risk, so bringing value by finding great deals or managing renovations, can help you break in.Keep refining your approach and connecting with the right people!

Using an unexpected repair as justification for not caring about cashflow as much as appreciation doesn't really address the issue, especially when appreciation also operates on the idea that the property's condition doesn't decline relative to comps.From what I understand about REI and cashflow, cashflow should cover not only PITI, but maintenance, repair reserves, prop management, etc.

STR Property management is common and I know a lot of folks doing this.  

Somehow they manage to live with it.

I joined with the intent to surround myself with others in the field and build my confidence and understanding of the subject matter (:I live a disciplined lifestyle when managing my expenses and living below my means.

I would literally NEVER be able to manage them correctly.