However, I’ve been hesitant due to challenges like remote management, high interest rates, and low cash flow.

@Deirdre Lizio see a lot of competiting PMCs start with a pledge of doing it better than "what's out there".Always interesting to revisit them 3-5 years later - after they've experienced the reality of challenging tenants AND owners.Look no further than Evernest: they started out with flat fee management at $99/month and promises of better & fairer service & pricing.Now they're at 10%, capped at $199/month - wonder what changed?

Then I have a credit card to charge supplies and any utilities which allow credit card payments.

I’d love to hear from others who have navigated similar challenges or have insights on improving profitability in the short-term rental space.

Happy to be a resource as I know all of this is challenging.

Challenges?

to be clear - lots of other issues, lots of other challenges, and BRRRR is difficult right now with interest rates so high. 

But at current prices and interest rates, this will be very challenging unless you go to cheaper areas or nearby suburbs that are cheaper. 

Challenges?

Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.