Great tips @Collin HaysAnother "tip" is make sure you are working with a seasoned STR Realtor or your Realtor is conferring with someone like Collin a season STR Property Manager.At least once a quarter someone contacts me (as a PM) and either wants management or wants my opinion on a property and the property is illegally zoned or otherwise unsuitable for STR, although their Realtor is telling them otherwise. 

@Robert DanielsI am brand new to this as well but I do have a background in business and taxation and know the basics on the financial side.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.

It allows tenants to use their phone rather than quarters.

If you looked at rate projections in the spring and summer, many accurately predicted that rates would fall in 3rd quarter and rise in 4th quarter.

In lieu of living quarters, and if your area doesn't really need the value of a garage due to weather, the best uses I have seen are full-service home offices or gyms.

You can, but I can think of half a dozen times in past 4-6 quarters it would have gotten into margin call. 

Class B is not but neither is our GoodEgg Clasc B this quarter or our Praxis one. 

Yep, I'm in a ATM deal with Paramount, through David Zook, and they missed their quarterly payment this month. 

Let's connect as I travel there about every quarter.