My recommendation if you are starting out with limited funds is while you are saving start networking with people in your local market.

To save time on people inputting. 

My cleaner is my eyes and ears between stays, she basically runs the show.   

Pretty rare from what I see that cities allow or want this....turns single family neighborhood into multi family and most of the zoning people don't like this.Plenty of issues from their point of few of why they don't like it.....parking is one...now no one parking in garage, and potential for more cars...so now 3-4-5 cars in the street.More taxing on the water/sewer/trash/police/fire/city services.I wish you the best of luck with this. 

The first sentence alone is something that 99% of people need to hear and internalize. 

You don't need to establish business credit ahead of time for the A-paper great commercial mortgages, we do them all the time without any established credit.So you wind up, fast forward a couple years, with a bunch of different LLCs that you share ownership of with different people. 

I think most people think that the % of rent is the key fee.

People who break contracts can be sued.It your goal is to find a buyer for the property, that is considered agency.

It is basic but it will give you an idea of occupancy and nightly rates when added to your AirBNB and VRBO research.

@Ricardo S. why people don't like real estate agents.