It also comes with a different set of requirements; it's more like operating a hotel than a rental property. 

Calculation: Net Operating Income / Total Debt Service = DSCR.

The economy grows,  prices rise, investment money flows in, people move here, people start and operate successful businesses here.

You can also discuss properties for sale with the PM you plan to use and get up to speed on expenses and operating issues you need to be aware of.Bottom line you ned to become an expert. 

I have been in the background for a couple years, however working my own job and not seriously involved in ANY of the operation of the properties.

That being said, finding the 4 Core (Deal Finder, Property Manager, Contractor, and Lender) is imperative.

You can operate under your name or form a separate LLC/CORP strictly for the STR (do an S corp Election ie: consult with your CPA/attorney) See which avenue suits your need and please get STR insurance endorsements.

So we need a third partner with money as I continue to hone my skills at finding and analyzing deals for profitability and we'll have our business core team. 

We own and operate apartments and townhouses in the state of Kentucky.

Once they see that higher charge, they'll figure out how to operate a pen again.