Compare apples to apples and oranges to oranges.

It seems like a apples to oranges comparison in a lot of ways to me. 

Budget your money and stick to it.Pay yourself firstSpend less than you makeStay out of consumer debtDon’t buy a new iPhone every year or car, keep them many yearsBuy a house you can afford to pay off in 15 years, and don’t keep moving up or refinance, pay it offInvest 15-20% of your income in real estate and stocksUnderstand time value of money and let it work for you not against youDiscipline and timeRead personal finance/investing/business books often.

Our STR uses a PM so it does not take more time than our LTRs but I do agree that it is not an apple to apple comparison which is why I also included our worst cash flow RE which is an LTR and I project the cash flow at just below $200/unit month (post rehab, my initial projections had cash flow projected at neutral before the value add).  

(Remember this is an apples to apples comparison, not a grandma cannot pay her mortgage payment screaming deal).

Your guess is as good as mine at this point, and having a "Plan B" for all your rental properties is essential now more than ever.The folks from Atlanta, Kansas City, and Ohio are going to laugh at my "great" Seattle numbers haha- if we remove cleaning fees (pass through) and platform / marketing fees we can do a "apples to apples-ish" comparison to a long term rental.

However, the specific comps can vary and its hard to make it a perfect apples to apples comparison. 

That's not an apples to apples comparison.

Typed on an iPhone

The list goes on… apples to apples at the end of the day and then the decision - third party or partner?