The very basics would be getting your furniture and shopping list together, keyless entry like Schlage (with backup lockbox with physical key very close as well), looking into insurance, local taxes for STRs, and moreAlot of ways to save time and make it easier to self manage with a property management software like Hospitable and data research like AirDNA.

@Maria JeanetteTax Advantages: Income and gains grow tax-deferred (or tax-free if using a Roth SDIRA).All Costs Through the IRA: Expenses (repairs, taxes, etc.) must be paid from the IRA, so ensure it’s well-funded.You might also want to consult a CPA or attorney experienced with SDIRAs to ensure compliance with IRS rules and maximize benefits.Best of luck!

Most will also sell to public if you have the storage space and want to save money in the long run.

Just had my current LT tenant commit to another year so we will reevaluate again towards the end of 2025.GregI was thinking you can alternate between STR and MTR to maximize the ROI.

When I purchased my first large apartment building my real estate broker called 18 different banks until we found one that gave me the loan and I saved more than $20,000 by dealing directly with the bank and no loan broker.Then, as time went by, I got lazy and found what I thought was a terrific broker.

Find a local property management company that does the bigger cabins and they'll help you identify the right build choices to help maximize your rents.

Your great credit, cash in checking and savings, and property ready to cash flow are the basic conditions to qualify.

However, what I would suggest based on your expertise as a contractor is going into a semi-fixer upper and make minor repairs to boost equity as well as savings. 

I'd be very open to that.A High Yield Savings Account at 4.5% yields a close to 2.5% after-tax amount.

I’d consider saving for the next few months until you’ve got 2-3 months left on your lease so you have a healthy reserve fund no matter what you decide.