I'd recommend revisiting with the PM company & get feedback from all their showings, marketing stats (tracker - is it being seen by a lot of people online), review their marketing material, & maybe consider lowering the price or doing an incentive for move in (half month off 3rd month lease, look into reducing pet fees/rent, or offer a low move in too with security deposit insurance through Rhino or another company).

If the guest pays the cleaning fee, but the cleaning fee increases your nightly rate by say $60 ($120 split over a two night stay) wouldn't that either turn people off as too high of a nightly rate or reduce your profit because you can't get a booking for a price so high?

From a tax perspective, the depreciation on the condo will be a big win for you, it reduces your taxable income and offsets the rental income.

Quote from @Srinivasa Subramanian: @Keith Jablonowski we experienced a similar issue with laundry and we swapped ours out with coin-ops which helped us to reduce these issues and generate some passive income as well.  

Section 8/HCV programs can provide stable, long-term tenants and government-backed rent, but as you’ve experienced, policy and administrative changes can create unpredictability.It’s a reminder that while government-backed programs reduce tenant risk, they don’t eliminate operational or policy risk.

By investing smaller amounts across multiple deals, we can diversify investments, reduce risk, and still participate in a range of opportunities, whether it’s rental properties, commercial deals, or other cash-flowing assets.

While having principal paydown does reduce cash flow, you do get equity growth.

The second way to reduce costs is monthly mortgage payments.

Understand layout + privacyMake sure:The downstairs unit has proper egressYou can legally rent it (ideally it's a permitted ADU/second unit)Separate entrances help reduce friction5.

When you start utilities on the properties just purchased for STR purpose under an individual name but will be transferred to an LLC soon, is that better to wait the LLC to be done first then start the services, or turn them on as soon as possible to reduce the downtime to get ready and change the ownership to an LLC for the utility companies?