I have been listening to BiggerPockets for a couple of months now and have been doing my own research over the past several months as well.

ChatGPT gave me a couple of recommendations on that. 

That's pretty important if rates were to decrease in the next couple of years.2.

I ended up with some rules, couple here:1.Discrimination - Never Rent to Attorneys, Law students or Law Professors.Learn all you can about the Housing Laws i.e.

A couple of mine are in Mesa, one in Florence, and I just added one in Arizona City. 

Research led me to a couple of videos of former ND players coming back to build development into the area.

I have sold a couple of businesses as well, and speaking from experience, you are never more vulnerable to make a mistake than when you are sitting on a giant pile of cash.Also, I agree with @Corey Conklin - I'm a big fan of "overflow cities/towns" in the sun belt.

Still can be very beneficial for a new investor but personally I think not as good as a service as they had with their exclusive listings where they had inspections already done, rent rolls available, and you can complete the entire offer/acceptance via their platform rather than being handed off to an agent. 

A couple thoughts on your question:I tell our STR investors in Colorado that their main goal should be to set up the right way right out of the gate.

We are good friends but that's also not an issue for them because they are a dual veteran couple.