its a solid strategy for sure especially as housing gets more expensive. 

I believe I read recently that Melissa is one of the fastest growing cities in the country.

You will be spending that or more in website hosting, design, maintenance, and processing.

A lot of syndication groups are finding this out the hard way.

Or, if it's more than 14 days, it cannot be more than 10% of the days it was rented to guests.

Very location dependent but I know other investors who are doing well and looking to buy more.

This is a more meaningful response compared to the others.

In fact, in Ohio one can do a cash out refinance where not only does the owner have no cash invested equity, only loan to value ratio of 70% met, he may have cashed out more than he paid for the property.

Which the house was condemned and was easy to demo to ground level and build back which would have know mortgage and allow us to save for two more properties cash.

@Ivan WudexiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.