They have no knowledge of the lending process even when asked the exact question, and I cost me $800.Never ever deal with this company! 

The properties are currently about breaking even based on their first year as rentals, but the management company used seems to be leaving some on the table in my opinion. 

It is a big investment to purchase a property knowing this is an issue and then have to treat it with a company.

I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the purchase price and 100% of the renovation.While talking to the title company, they said there was no problem with me signing with a remote notary.But, the problem is with the lender who requires a wet signutre, and has given me the following options:1.

For insurance, you can simply get quotes online for free with no obligation - I'd recommend to simply get quotes online from 2-3 companies.

Alternatively, consider hiring a property management company to handle these responsibilities.Remember that effective planning and communication are crucial for a successful house hacking experience. 

Longer term, we could add additional cabins to the property (as stated above) since the current owners are sending overnight business to hotels in the area that are 15+ mins away.Our situation:We have about ~45% equity in my home (appraised at $775K about 6 months ago; we made some improvements but to be conservative, let's say this is still a good estimate), I can cash in my 401K, and have RSUs from my company that I can use for the majority of the cash I need to have "skin in the game" but it's short the 20% I will need for an SBA 540 for the real estate + 5% for the SBA 7a (this 5% for the DP is possible if the sellers can finance some of the business).

I'm looking to create a property management company for STRs in the area of Texas where my cabin is, the Hill Country. 

I own a demolition and site work company that has transitioned to new construction so I've been in the space for years in columbus ohio. not sure what market you are in but I'd look where land is cheap. you are competing with love's around the country in rural areas so I would say urban or within 30 miles of urban is much better they don't build them that close. https://ops.fhwa.dot.gov/freight/infrastructure/truck_parkin...

Also- would be open to other prop mgmt companies in the area that people can refer to.