all depends on your appetite. we bought our first STR in Panama City and i live in Atlanta. hasnt been an issue so far remotely managing

 maybe you can find someone local with excess furniture to deploy (like a staging company).

As long as you have sufficient cash reserves, keeping the excess cash flow working is a fantastic idea. $200/mo (for example) isn't enough to go buy another property right away, but it is enough to automatically buy a couple shares of VTSAX or whatever. 

@Taylor D'AmbrosioDepends on your risk appetite and expectations. $30k a month is a clean $2500/mo hassle free a month.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

There is no appetite on the secondary market for investment loan/manufactured housing because most investors take care of their primary residences first and investment properties second and manufactured housing (whether it's a single, double or triple wide) doesn't hold up over time like a stick built home does. 

No state income tax, grass to tend, no ice/snow, humidity/excessive rain, storms with names, floods, earthquakes but with reasonable to great property tax rates and less LL-tenant regulation. 

Property management companies currently are charging in excess of 30% right now and I really don’t wanna use one unless I have to.

(But like a prior poster am suspicious of 2-county involvement and excessive delays).   

Both are experienced, successful, veteran investors - 20+ years and each has an excess of 15 million in property.