I will be moving this property to my other manager as soon as I can! 

They're taking massive fees 2% on assets they manage, 20% on increases in net asset value, large salaries for only $7-8m assets, they are self dealing with a $2m in promissory notes that pay Dutch's other entities 10.95% interest. i think the 36% return might be before all these fees or for his 3 other entities that lent the company money at a very high rate.source: their sec filings https://sec.report/CIK/0001721...

I immediately notified my landlord's rental management company and a plumber was sent to the property.

That way you are learning to manage STR in the best way possible.

I understand that after the second year you can only hold 1 month of the current rent as security, but I am curious how other landlords or property managers in Pennsylvania handle returning the other half?

Here are some key pointers on how to manage your short term rental photo shoot.1.

And to Mike's point, if money can be made, why not do it yourself and self-manage the STR or even hire a professional manager and cut out the middle man arbitrager.

I'm willing to travel to Miami once or twice a year and manage the properties from Spain, hiring a good property manager to address issues, find new tenants, manage payments, and clean the property for new tenants.

I work in restaurants operations management and would eventually like to get out of the industry. 

STR is not a great option because of the furnishing of the unit and the management.