Obtaining competent management was an issue, I have no confidence in the service personal in the local area.  

We do most of our work locally in the Topanga Canyon, Malibu, Pacific Palisades, Calabasas, West Hills, Woodland Hills, West LA, Culver City, areas. 

A local Realtor or property manager would be able to advise best. 

and same above deduction applies similar to as if it is local STR and self-managed ?

I'm a local central Houston Real estate agent, investor and developer.

Looking forward to meeting local investors and hearing new ideas!

Being an agent who literally just put a FSBO under contract for some first time home buyers I will say this and hope it helps.You can list on Zillow easily, and you can probably pay to be listed on your local MLS.

We have been going to local meetups instead to network for our construction and development business as a way to build capital and partner with other investors.

I’m a local agent/investor and specialize in small multifamily purchases. 

We were not first-time investors but what we learned about asset protection was from investing OOS.The other thing we learned about investing OOS was to treat it as if you were local.