If only someone had written a book to help people like you.I prefer you spend some time educating yourself before jumping in, but that depends on how bad the PM is and how quickly you can educate yourself and take control.If you choose to terminate, read your PM Agreement carefully to see if there are any termination penalties.

People with good incomes have historically done well in either the market or real estate over the long term.For myself I cannot stomach the gyrations in the stock market so for me RE is less risky but I am not living entirely off it either. 

I think BP is a great place to get people publicly together and then they can create a private group.

You may also run afoul of local/state laws against people that contact people in foreclosure to buy their home.

Part of the value of the STR is that we will plan to use this property 4-8 times per year.The property is a few hours from the major metro that I live in, and is a vacation destination for lots of people in my area.

Usually you hear that when people are talking about wholesaling. 

Many if not most people don't think about this. 

At a high level, this is generally the path people take - we see a lot of people have success in this route - start building the portfolio with banks, low down payments, and then **generally** when you hit around 5 or so properties - it starts to make sense to switch over to LLCs, its too hard to qualify/deal with paperwork of banks and switch towards private lenders like DSCR Loans - (LLC friendly, easier) to scale past 5 or so.

It's funny that over time usually people fall into the latter; or some combination.

The reason I know this is because my first duplex was a complete gut, I had no clue what I was doing I just believed in the end result and trusted the people I was connected with locally.