Meanwhile in a state of temporary euphoria (insanity?)

My mother originally agreed for me to refi some money out of the equity of a house we co own but then she changed my mind after I signed the contract on the guesthouse.  

Investing in a vacant property in Cleveland offers the advantage of setting your own leasing terms and screening tenants to ensure they work for you.

But some believe condos are riskier due to potential mismanagement of the community by the HOA.As an out of state buyer seeking a low risk/maintenance LTR, are there any glaring downsides to buying and renting out a condo? 

Probably the LLC is irrelevant (a disregarded entity) because it sounds like you've got spouses residing in a community property state?

To have a SUSTAINABLE business in STR long term, you must migrate from relying on third party platforms to generating deal flow through your website, social media, repeat business and word of mouth.Any third party app will maximize their profitability and allow the service providers the minimal profitability necessary to maintain their interest.in other words as a STR provider AirBNB or VRBO will maximize their own profitability without regard to yours.  

Hello,I'm a new out of state investor.

Never buy without personally inspecting and approving the property and INDEPENDENTLY, INDEPENDENTLY, INDEPENDENTLY, verifying everything from values to market rates, to approving tenant selection procedures and standards, to repairmen on standby, to everything else in Christendom that you can thing of.I am not a fan of out-of-state investing, especially for those with less than 50 years of experience, and for them, they’re probably too old for the hassle. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I'm looking for an experienced contractor to partner with on my first full flip; I own two properties and have done minor renovations to those properties but this is my first full flip with a full rehab so I want someone with experience to assist as I learn the ropes.