It might make more sense to own the property and lease it out to an organization that does it and you could do a percentage lease rather than a flat monthly fee.It isn't for me but I'm more of a passive person.

An exception may be someone with a VERY strong personal financial statement. 

I don’t plan to use the MIL for personal use. 

I'm personally not a fan of 3/1s for MTR.

I know I can sale to a buyer that has 75k down, but would prefer to work with my existing tenets. 

I also prefer closing in person but it's getting rare.

Yes, a lot of personal finance people preach the rent option, but house hacking is almost always superior. 

The fee gets you listing maintenance, a professional person available around the clock to communicate with your guests and monthly/end of year reporting.

I have nothing against smokers personally, but do not want that smell to be imprinted on my property, long after they are gone. 

Hi all,I’ve been a long-term landlord for over a decade, then I started hosting my personal vacation rentals in 2021 and now have started hosting properties for others.