If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

@Joseph LeibovitchYou just missed the window...Just before the FED provided their first rate cut, DSCR loans were down to nearly under 6% with 1 year PPP at par pricing. 

Denton County offers opportunities in suburban and college town markets, while Grayson County provides affordable entry points with cash-flow potential.

That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.

Then from there they will start gradually providing you with knowledge on the job. 2.

Contact the utility provider and get a historical average based on the last year of use.

Also, was there a trust, is it going through probate, are other family members wanting to get their piece of equity? 

Out of curiosity, who are you trusting for your turnovers and cleanings?

@Caleb Genry I am late to the party on this, but would greatly appreciate the spreadsheet/log if you are willing to provide it. 

The one aspect I'd say where planning can really provide benefit however is with tax planning.