I'm fascinated with the idea of tiny homes/smaller homes (300-700ish sqft) for short term and possible long term rentals.

Log homes.

I would prefer a medium size company.  

@Joel Mora what condition is the home?

@Renee Jones not sure how much you need but if you have equity in your home or another piece of real estate you could tap that.

Purchase price: $367,500 Sale price: $730,000 Started property management company after the sale of this home

Wow, was that a loaded question,  I have done just this to help the owner pull the trigger if the owner is a little bit low on funds for the labor end of the project. 

However, the rental market in Canton has been relatively strong, and I believe there is potential for decent rental income probably $3500, even if it doesn't meet the 1% rule perfectly.Cash Position: My cash position is fairly stable, but I prefer to hold onto this property long-term rather than pursuing another house hack immediately.

So we are faced with a tough choice: do we rent our home out and lose about $200 per month because of high HOA costs, OR do we sell and hopefully break even?

It's much harder to find a quality PM that has solid policies and processes in place to protect your property, income, time, and sanity with little owner involvement.When considering investing in a market, I recommend starting with your search for a good PM.