You should get tons of interest from there, as long as it's in good shape and not way overpriced.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

The ultimate goal would be to rent it out for short term stays or possibly as an event venue (in addition to being on farmland, it's surrounded by pine forest and waterfront).

Research their performance over the years and check for any complaints or legal issues.Verify the success rate of the loans they have funded.

The house likely won't cash flow as a long-term rental once you move out, and you're spending more money upfront in both monthly costs + downpayments and closing costs. 

Purchase price: $674,000 Cash invested: $134,000 Long term rental purchased in area that is under development and predicted to rise in value over the next 5 years - 2br 2bth

Most people just use the term but there is association management, apartment/ Multi-family management and then property management.For instance, in Florida, you need a license to practice Association Management (in most cases) and a real estate license to practice property management (in most cases). 

Money in hand sounds great, but my portfolio strategy (even though it’s currently small) is long term buy and hold.

Similarly, do you set an hourly rate for light maintenance performed by the PM? 

We have had a Strctural Engineer out to the property and while we don't need to conduct repairs within the next 5 years or so, we will need to address both of these things at some point and it will likely cost us about 100k.Any advice on selling or holding for the long term?