If the people sketched out outnumbers the people that like the alternative-to-the-standard, then at some point the market punishes us sufficiently for offering the alternative, that we stop offering it. 

You can always probe more if the response isn't sufficiently detailed at that point. 

For vacancy most of my clients average around 3% if you self manage and start marketing the unit 2 months before a tenant leaves.

I want to create an LLC syndicate to purchase a residential property, and want to allow Self-Directed IRA participants looking for alternative investments.

I want to create an LLC syndicate to purchase a residential property, and want to allow Self-Directed IRA participants looking for alternative investments.

The strata seems to be well managed and there is a good sized contingency reserve fund of ~$300k available.2) With the property being vacant I should be able to get market rents for it of around $2700 per month, but I do know that will be low increased over the years.3) I have started looking at other markets, but since this is my first and there would be tons of learnings from self managing my first rental I would like to stick to buying in my town.4) I have factor PM fee in and it would leave me with a smaller cashflow or at the least it would be breakeven.

Mobile home parks, however, are equal to self storage as the best investment I ever made.

This self-torture is not recommended.To make it more complicated still, other factors may come into play such as prior suspended losses from this property or other investments or maybe (albeit not very likely) the net investment income tax surcharge.

Although I'm not investing in the 2 markets you mention, we do have several properties that range from the coast of NC to the Mountains of NC to California and we self manage all of them so have experience with long distance STRs. 

I was told to try that first but for some reason I can’t bring my self on how to ask the right questions or to bring up that up in a professional way to those companies.