Does anyone use a management company to run their STR?

[Alex K.]

The area's I am interested in aren't anywhere near me - so just wondering if it's feasible and if anyone has experience outsourcing the management of a STR? Pro's, Cons, Thoughts?

[Kenneth Garrett]

@Alex K.

You don't need a management company. They will eat into your profit. I self manage 1000 miles away. You need a good cleaning company and a handyman. I use Schlage encode to issue door lock codes and have a ring camera. Takes very little time at all to manage a STR. Let the VRBO and Airbnb platforms do the rest. You can manage it from your phone.