Are people using cohosts?

[Clay Lyddane]

How are folks in highly regulated STR markets getting around residency requirements when they are investing out of state? Are you paying a cohost or is there another smarter way?
There are a number of cities like San Francisco, which don't let you own any short term rental unless you are a resident of the city.  I already don't want to manage the property myself so maybe just a local managing group, but I am not sure if that meets the criteria.

[John Underwood]

I would never use a Co-host.

If I couldn't fully manage a property I would get a professional PM with an local office who is licensed and insured to manage your property.