It isn't easy, but you'll learn a lot about underwriting from the process and know the ins and outs of the entire model, which makes using it, troubleshooting it, and adding to it much easier.

Now, you need to figure out how to find deals and pay for them.

@Paul Scammacca As long as the rent can support the new proposed PITI you can get up to 75% LTV cash out at near conventional rates using a DSCR loan. 

Welcome to BP!

It's not as easy as the social media gurus preach. 

Great advice above- I'd invest in a consult with a local tenant/landlord attorney and have them modify the lease they use for your situation.

One of my clients recently asked about using the Short-Term Rental loophole for a property in a foreign country (Mexico).

Use the $11K for marketing instead of for a course which, at best, will be generic and will lead to the next course upsell. 

If the condo association allows for short-term rentals, it most likely is not going to be HUD approved, which will mean each unit has to be purchased in cash or using a Non-QM loan.

If the applicant has a bank account, using a screening service with an Income Verification Report can give you a clearer picture of their financial stability.