In addition, we're on I-85 corridor, so there's a lot of logistics, transportation, warehousing and so forth.

Begin with a smaller project to gain experience, and ensure you assemble a reliable team of contractors, appraisers, and inspectors.

In my experience they don't want to be in "rougher" neighborhoods anymore than a quality market rate tenant does.

We use Autohost to automate this process via an online check-in system: https://www.autohost.ai/You can also use it to gather additional information and place a hold on their credit card, similar to a hotel.The one downside of Autohost, is that it doesn't have an automated way to collect the ID for all the adult guests (although it collects names + email from the guest).Finally, Autohost can also be used to have the guests sign your rental agreement and agree to your house rules.

If you have this extremely valuable experience already under your belt owning 2 properties, why dish out a potential down payment for property number 3 over to a mentor or coach?

They get extra capital and you get a little experience. 

@Molly JonesUnfortunately, many wholesalers that you meet randomly online are not very experiences or particularly skilled at what they do and often rely on bulk rather than quality so there is a high probability that they know very little about the property itself aside from the basic data that they obtained online through data scrapping.

But, it would put additional pressure on finding a good team to help oversee everything.Atlanta is a hot market, but it is also very competitive.

I wanted to see what folks' experience has been with Steadily for STR insurance.

In addition, there are alternative rent models (STR, LTR, rent by room, etc) that can create better cash flow than the traditional LTR model.RE also can benefit from value adds.