I think AIrBnB and Vrbo has some automatic adjustment for our listing on the off chance that there is a big spike in demand for a big concert or SportsBall (TM) game coming into town.

@James Sedano Costs can vary quite a bit.

I have no "skin in the game."

hold some of that initial 100,000$ for reserves. if you spend it all and something goes wrong you wont have time to accumulate profit the first year to really afford to fix anything. then you'd be dependent on personal income or another loan to fix the issue if one arose. play it slow and safe at first while you figure out the game and take some initial hard knocks that are bound to come. 

(Everything from early research to closing and listing your STR and getting money coming in) I'm always looking for ways to step up my game as an agent that specializes in helping out-of-state investors buy STRs in the Florida panhandle/Emerald coast.

It's going to vary by market but I'll share my experience with 25+ MTRs in Los Angeles.Booking lead time is 2-4 weeks.

That is awesome that you have this mindset so early in the game.

@Jonathan BockWhile paying taxes is not fun and trying to defer them is part of the game - my wife always jokes that the more you pay the more you make and if someone is paying six figures in taxes - well they are making a very decent living.

In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.

The assignment fees in these deals will vary greatly, depending upon the specifics in the deal.