We manage our members property free.  

This is my personal experience so farI'm sharing Josh Young who manages our Az property and has been everything he said and more.

Is it best to form an LLC entity that owns the property or manages it so that the tenants, including myself, pay the LLC?

Are you planning on self managing or hiring it out?

.• Expenses: Estimate operating expenses including property taxes, insurance, utilities, maintenance, vacancies, and property management fees.• Financing: Explore options like FHA loans, conventional loans, or portfolio loans.• Cash Flow Analysis: Use a tool or spreadsheet to calculate projected cash flow.Based on your estimate of $300 per month in cash flow, make sure to verify that this aligns with your financial goals and risk tolerance.

San Antonio has a great STR market and you’d do well with a market minded manager (like me).

We're probably going to try out Madison Management and have heard good things about them from several investors.

Bring on the Chaos. let me rephrase Civilian to anyone who has never Owned or managed a Real Estate Brokerage.

The best software I’ve found for managing tenants are Apartments.com (formerly COZY) or Rentredi.

I manage 8-12 unit buildings in Logan Square, Albany Parka and Irving Park, and we have had issues with porches even at that small sample size.